Meta turns negative on guidance comments; Analysts increasingly bullish on LT story

Go back to Meta turns negative on guidance comments; Analysts increasingly bullish on LT story

Buy the pullback in this tech giant - JPMorgan

October 26, 2023 10:54 AM EDT

It's been a busy week of earnings so far, with some of the biggest companies in the world reporting numbers for the third quarter.

Following the most recent bout of earnings, JPMorgan analysts said in a note that they are buying the dip in Meta Platforms (NASDAQ: META) shares, given it just topped earnings and revenue consensus estimates.

The social media giant posted strong third-quarter results, but cautious comments... More

Bernstein Reiterates Outperform Rating on Meta Platforms Inc. (META), 'Not your parent's facebook, this is Meta'

October 26, 2023 4:44 AM EDT

Bernstein analyst Mark Shmulik reiterated an Outperform rating and $375.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst commented: "Product momentum and operating discipline. Mark Zuckerberg ended his prepared remarks with this statement, which speaks louder than any number printed this... More

Meta Platforms Inc. (META) PT Raised to $380 at Wolfe Research

October 26, 2023 4:08 AM EDT

Wolfe Research analyst Deepak Mathivanan raised the price target on Meta Platforms Inc. (NASDAQ: META) to $380.00 (from $370.00) while maintaining a Outperform rating.... More

Meta Platforms Inc. (META) PT Raised to $420 at JPMorgan

October 26, 2023 4:03 AM EDT

JPMorgan analyst Doug Anmuth raised the price target on Meta Platforms Inc. (NASDAQ: META) to $420.00 (from $400.00) while maintaining a Overweight rating.... More

Meta Platforms Inc. (META) PT Lowered to $400 at Barclays

October 26, 2023 3:46 AM EDT

Barclays analyst Ross Sandler lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $400.00 (from $410.00) while maintaining a Overweight rating.... More

Meta Platforms Inc. (META) PT Lowered to $425 at Evercore ISI

October 26, 2023 3:33 AM EDT

Evercore ISI analyst Mark Mahaney lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $425.00 (from $435.00) while maintaining a Outperform rating.... More

Meta Platforms Inc. (META) PT Raised to $365 at Roth/MKM

October 26, 2023 3:33 AM EDT

Roth/MKM analyst Rohit Kulkami raised the price target on Meta Platforms Inc. (NASDAQ: META) to $365.00 (from $360.00) while maintaining a Buy rating.... More

Meta Platforms Inc. (META) PT Raised to $384 at BofA Securities

October 26, 2023 2:31 AM EDT

BofA Securities analyst Justin Post raised the price target on Meta Platforms Inc. (NASDAQ: META) to $384.00 (from $375.00) while maintaining a Buy rating.... More

Meta Platforms Inc. (META) PT Raised to $380 at KeyBanc

October 26, 2023 2:03 AM EDT

KeyBanc analyst Justin Patterson raised the price target on Meta Platforms Inc. (NASDAQ: META) to $380.00 (from $356.00) while maintaining a Overweight rating.... More