Reported 2 days ago
As we enter 2025, analysts are revising their stock price targets for Meta Platforms, with firms like Jefferies and Wedbush adjusting their estimates upward. Jefferies raised its target from $675 to $715, citing expected increases in AI contributions and improving performance in the latter half of the year. Wolfe Research also increased its target to $730, highlighting a positive outlook for the internet sector despite potential challenges. Amid significant leadership changes at Meta, including Nick Clegg's departure and Joel Kaplan's new role, the company aims to navigate a complex market landscape.
Source: YAHOO