Form PX14A6G Meta Platforms, Inc. Filed by: Mercy Investment Services, Inc.

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Evercore ISI Believes Meta Platforms Inc. (META) is Down Due to High Expectations into the Print

April 24, 2024 4:51 PM EDT

Evercore ISI analyst Mark Mahaney reiterated an Outperform rating and $550.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "Quick Look At Q1 Results: META printed a Beat & Bracket quarter, with Revenue up 27% Y/Y (both reported basis and ex-FX), 1% above the Street, Op Income (implying 37.9% margin) 4% above the Street, and EPS at... More