Reported about 6 hours ago
Bernstein, a wealth management firm, has lowered its price target for Meta (META) from $800 to $700 but maintains an Outperform rating, citing healthy ad sales in Q1 and expected improvements from new assets and AI initiatives. In contrast, Loop Capital has become more cautious, reducing its target to $695 and predicting lower Q2 sales due to decreased revenue from Chinese marketers.
Source: YAHOO