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madrose1

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Re: xtremezz post# 161638

Thursday, 03/14/2013 6:41:21 AM

Thursday, March 14, 2013 6:41:21 AM

Post# of 372676
AMZN downgraded at JPM, knew it ..... JPMorgan Downgrades http://stks.co/iOWY ($AMZN) to Neutral, Sees Deceleration in Gross Profit http://stks.co/iOWZ

Amazon.com downgraded to Neutral from Overweight at JPMorgan
JPMorgan cut its rating on Amazon.com shares to Neutral from Overweight on concerns the company's gross profit growth will decelerate in 2013. The firm says Amazon's third party sales are likely to moderate while comparisons get tougher. JPMorgan lowered its price target for the stock to $300 from $333. Amazon closed yesterday up 97c to $275.10. :
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