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Ad checks suggest continued strong growth for Meta Platforms (META) - Wells Fargo

April 3, 2024 6:47 AM EDT

Wells Fargo's ad checks suggest continued strong growth for Meta Platforms (NASDAQ: META), the bank said in a note Wednesday. They cut their Meta price target to $600 from $609 per share.

Previewing the company's upcoming first-quarter earnings release, Wells Fargo, which has an Overweight rating on the stock, raised its 1Q... More

Meta Platforms Inc. (META) PT Lowered to $600 at Wells Fargo

April 3, 2024 5:13 AM EDT

Wells Fargo analyst Ken Gawrelski lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $600.00 (from $609.00) while maintaining a Overweight rating.

The analyst comments "See limited impact on 1Q results due to recent Meta ad performance degradation that affected some advertisers.... More