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Diane King Hall turns to a pair of price target cuts in Mag 7 giants as the market sells off. Stifel cut its price target on Tesla (TSLA) over reduced near-term delivery forecasts and plunging favorability from its user base. Wells Fargo points to bearish investor sentiment for its target cut on Alphabet (GOOGL). On a positive note, Morgan Stanley upgraded KLA Corp. (KLAC) after noting a "rich catalyst path" for the company.

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TSLA & GOOGL Price Target Cuts: Analysts See Mag 7 Weakness

Schwab Network

TSLA & GOOGL Price Target Cuts: Analysts See Mag 7 Weakness