Growing speculation Alphabet could announce first-ever dividend
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Meta Platforms Inc. (META) PT Raised to $562 at Rosenblatt, 'Squishy-ish guidance'
April 25, 2024 6:31 AM EDTRosenblatt analyst Barton Crockett raised the price target on Meta Platforms Inc. (NASDAQ: META) to $562.00 (from $520.00) while maintaining a Buy rating.
The analyst comments "Squishy-ish guidance -- The revenue growth outlook for 2Q24 -- up 14% to 22% Y/Y -- is strong, but decelerating, reflective of comps that get 8 percentage points tougher Q/Q, and also of a 3 percentage point tougher foreign exchange backdrop and the lack of 1Q24's... More
Meta Platforms Inc. (META) PT Lowered to $500 at Deutsche Bank
April 25, 2024 5:32 AM EDTDeutsche Bank analyst Leo Horowitz lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $500.00 (from $540.00) while maintaining a Buy rating.
The analyst comments "Meta is entering an investment cycle. We have been here a couple of times before, and each time it ended the same waygood for META's longer-term equity value. This time, Meta is making bigger investments in AI than we anticipated, which will likely result in Capex being much higher, for far... More
Meta Platforms Inc. (META) PT Lowered to $570 at RBC Capital
April 25, 2024 4:45 AM EDTRBC Capital analyst Brad Erickson lowered the price target on Meta Platforms Inc. (NASDAQ: META) to $570.00 (from $600.00) while maintaining a Outperform rating.
The analyst comments "META's Q1 was solid in terms of top-line/ad demand trends - the issue is an accelerated, multi-year AI... More
Evercore ISI Believes Meta Platforms Inc. (META) is Down Due to High Expectations into the Print
April 24, 2024 4:51 PM EDTEvercore 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
Analysts preview Alphabet (GOOGL) EPS
April 24, 2024 2:30 PM EDTAlphabet (NASDAQ: GOOGL) is set to report its latest quarterly earnings on Thursday, April 25. Ahead of the release, analysts at both Bernstein and Jefferies provided their thoughts on the stock.
Bernstein said in its note that while folks have been warming up to Google over the past month, longer-term... More
