Meta exploring plans for Twitter rival

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Meta Platforms Inc. (META) PT Raised to $305 at Evercore ISI 'Based on META’s reduced Totex guidance (Total Expenses)'

March 14, 2023 11:29 AM EDT

Evercore ISI analyst Mark Mahaney raised the price target on Meta Platforms Inc. (NASDAQ: META) to $305.00 (from $275.00) while maintaining a Outperform rating.

The analyst comments "Based on METAs reduced Totex guidance (Total Expenses), we are raising our FY23 EBITDA by 4% to... More

Needham & Company worried Meta Platforms' core business has 'no terminal value,' like MySpace before it

March 10, 2023 7:56 AM EST

Needham & Company analyst Laura Martin told investors in a note Friday that they are worried Meta Platforms (NASDAQ: META) has no terminal value in its core business, "like MySpace before it."

"We worry that META has no terminal value in its core business because negative network effects accelerate its decline," explained Martin, who has an... More