Loads of analysts cut their price targets on these 10 stocks ahead of earnings

Analysts have lowered their expectations on several global stocks this week by cutting their price targets. The list of stocks includes auto stocks Tesla , Rivian and Aptiv , pharmaceutical firms Biogen and Novartis , energy companies EQT Corp and TotalEnergies , airline Deutsche Lufthansa and aerospace firm Boeing , and fast food giant McDonald's . The price target changes come ahead of the next earnings season covering the first quarter of this year.

Pro screened for global stocks in the MSCI World index that have received price target downgrades over the past seven days and are yet to report earnings. Tesla Wall Street analysts from 15 firms downgraded their 12-month price targets for Tesla over the past week. Shares of the electric vehicle maker dropped 8% this week, falling to their lowest since April of last year on fears of a global slowdown in electric vehicle sales.

's Samantha Subin and Michael Bloom contributed reporting.

France Dernières Nouvelles, France Actualités

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