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