Amazon.com, Inc. (AMZN) Downgraded To Hold From Buy At Evercore ISI

Investment firm Evercore ISI in an updated research note sent out to clients and investors downgraded Amazon.com, Inc.'s (NASDAQ:AMZN) stock to Hold from Buy, while maintaining a $460 price target. The firm made the change on account of the company's recent capital investments being well reflected in its stock price.