• Morgan Stanley lowered Apple Inc. (NASDAQ:AAPL) price target from $210 to $195. Apple shares fell 2.6% to $159.25 in pre-market trading.
• Citigroup raised the price target for McDonald's Corporation (NYSE:MCD) from $270 to $273. McDonald's shares fell 0.3% to $253.45 in pre-market trading.
• Wells Fargo boosted the price target on American Electric Power Company, Inc. (NYSE:AEP) from $101 to $111. American Electric Power shares rose 0.1% to $102.44 in pre-market trading.
• UBS cut the price target for Amazon.com, Inc. (NASDAQ:AMZN) from $4,550 to $4,185. Amazon shares fell 9.5% to $2,616.00 in pre-market trading.
• Needham reduced the price target on Intel Corporation (NASDAQ:INTC) from $60 to $55. Intel shares fell 3.5% to $45.18 in pre-market trading.

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