
JPMorgan Chase & Co. has revised its price targets for several major technology stocks, citing recession risks and tariff exposure as key factors. The bank has lowered its target for Amazon (AMZN) from $270 to $220, for Alphabet (GOOGL) from $220 to $180, and for Meta Platforms (META) from $725 to $610. Additionally, Netflix (NFLX) saw its target reduced from $1,150 to $1,025. Other notable cuts include Spotify (SPOT) from $730 to $640, Pinterest (PINS) from $42 to $30, and Snap (SNAP) from $10 to $8. These adjustments reflect a broader reassessment of the tech sector amid concerns over a pullback in e-commerce and advertising spending, which could impact companies like Amazon and Meta significantly.
$BABA | 𝐀𝐥𝐢𝐛𝐚𝐛𝐚 (BABA): Citi maintains 𝐁𝐮𝐲, 𝐫𝐞𝐚𝐟𝐟𝐢𝐫𝐦𝐬 𝐏𝐓 𝐚𝐭 $𝟏𝟔𝟗 on AI momentum and AliCloud innovation https://t.co/CyAWaXiXQl
$AAPL | 𝐀𝐩𝐩𝐥𝐞 (AAPL): Jefferies 𝐮𝐩𝐠𝐫𝐚𝐝𝐞𝐬 𝐭𝐨 𝐇𝐨𝐥𝐝, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟏𝟔𝟕.𝟖𝟖 (from $202.33) on weak iPhone demand, global risk https://t.co/L4sUvnqwCV
$APP | 𝐀𝐩𝐩𝐋𝐨𝐯𝐢𝐧 (APP): Jefferies maintains 𝐁𝐮𝐲, 𝐜𝐮𝐭𝐬 𝐏𝐓 𝐭𝐨 $𝟒𝟔𝟎 (from $600) but sees strong upside from ad platform momentum https://t.co/d6fslgZtei












