Reported about 13 hours ago
Meta Platforms, Inc. is navigating potential EU advertising fines of up to 5% of daily revenue due to compliance issues with the Digital Markets Act, but analysts remain optimistic. Cantor Fitzgerald maintains an 'Overweight' rating with a target of $807, while Baird raises its target to $740. Despite the challenges, the outlook for Meta’s ability to adjust its advertising model is seen as manageable by analysts.
Source: YAHOO