Wells Fargo lowered the target prices for several U.S. tech companies, with SanDisk and Intel seeing the largest declines

Wells Fargo has lowered the target price for SanDisk from $1550 to $1300; lowered the target price for Amazon from $329 to $326; significantly lowered the target price for Intel from $120 to $80; lowered the target price for Google's parent company Alphabet from $417 to $371.