Notable Downgrades: Amazon.com (AMZN), GoPro (GPRO), Oracle (ORCL), Seagate Technology (STX), Urban Outfitters (URBN)
October 19, 2015 at 15:23 PM EDT
Amazon.com, Inc. (AMZN) – The e-commerce giant was removed as 2015 Top Pick at Piper Jaffray. On valuation measures, Amazon.com Inc. stock it’s trading at a forward P/E multiple of 117.70x next year’s estimated earnings. The t-12-month revenue at Amazon.com is $95.81 billion. AMZN ‘s ROE for the same period is (1.68%). Shares of the […] View the full post at: Notable Downgrades: Amazon.com (AMZN), GoPro (GPRO), Oracle (ORCL), Seagate Technology (STX), Urban Outfitters (URBN) Related posts: Oracle (ORCL) Looks Downright Visionary Amazon’s (AMZN) Cloud: A SaaS Solution Oracle (ORCL): Finally Bitten Off More than it Can Chew?