Meta Platforms exploring decentralized social network for text updates - Reuters

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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

Mizuho positive on Meta Platforms (META) efforts to drive further efficiency

March 13, 2023 8:20 AM EDT

Mizuho Securities analyst James Lee provided positive commentary on Meta Platforms (NASDAQ: META) in a note to clients on Sunday, based on recent reports that the tech giant could initiate another round of layoffs at a similar scale to the last round at 13%... 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