Meta Platforms (META) calls more active than puts as shares sell off 23%

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Meta Platforms (META) Results its 'Worst Set' So Far - Societe Generale

October 28, 2022 3:41 PM EDT

Societe Generale analyst Simon Baker lowered the firm's price target on Meta Platforms (NASDAQ: META) to $80 from $185, maintaining a Sell rating in a note to investors on Friday.

The analyst stated that Meta's third-quarter results included a -28% earnings miss, a weak outlook, and a call for a... More