Alphabet, Meta Platforms Targets Cut at KeyBanc on Tougher Ad Environment By Investing.com

© Reuters. By Senad Karaahmetovic KeyBanc analysts lowered price targets on Alphabet (NASDAQ:) and Meta Platforms (NASDAQ:) amid increasing concerns the ad market will see a downturn in 2023. These concerns have made investors further skeptical of revenue estimates for both META and GOOGL, analysts said in a client note. As a result, the analysts … Read more

Oatly Downgraded on Volatile Consumer Environment in Europe and Asia By Investing.com

© Reuters By Sam Boughedda Oatly (NASDAQ:) shares were downgraded to Neutral from Outperform by a Credit Suisse analyst. He also lowered the firm’s price target on the stock to $3.43 per share from $6, telling investors Credit Suisse expects a particularly volatile consumer environment in Europe and Asia. “Inflation and unpredictable lockdowns have already … Read more