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Wells Fargo Cuts Price Targets for SanDisk, Intel, Alphabet and Amazon

The bank lowered SanDisk's target to $1,300 from $1,550 and Intel's to $80 from $120.

Four metal target markers descend across a warm, matte surface / TokenPost.ai
Four metal target markers descend across a warm, matte surface / TokenPost.ai

Wells Fargo lowered price targets for four U.S. technology companies, cutting SanDisk’s by $250, Alphabet’s by $46, Intel’s by $40 and Amazon’s by $3.

The bank set SanDisk's target at $1,300, down from $1,550, and Intel's at $80, down from $120. It lowered Alphabet's target to $371 from $417 and Amazon's to $326 from $329.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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