Wells Fargo cut price targets on Alphabet (GOOGL) and Meta Platforms (META), citing higher-than-expected AI capital expenditure. TD Cowen updated its view on airline stocks, while KeyBanc upgraded Brinker (EAT), parent of Chili's. These are analyst-driven, stock- and sector-specific moves that create modest downside pressure for select tech names but are unlikely to move broader markets.
Wells Fargo cut price targets on Alphabet (GOOGL) and Meta Platforms (META), citing higher-than-expected AI capital expenditure. TD Cowen updated its view on airline stocks, while KeyBanc upgraded Brinker (EAT), parent of Chili's. These are analyst-driven, stock- and sector-specific moves that create modest downside pressure for select tech names but are unlikely to move broader markets.
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