Meta projects sharp acceleration in AI costs after results beat Wall Street targets
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Meta Platforms Inc. (META) PT Raised to $700 at DA Davidson
October 31, 2024 5:43 AM EDTDA Davidson analyst Gil Luria raised the price target on Meta Platforms Inc. (NASDAQ: META) to $700.00 (from $600.00) while maintaining a Buy rating.
The analyst comments "We reiterate our BUY rating and raise our price target to $700 following solid earnings that were highlighted by... More
Meta Platforms Inc. (META) PT Raised to $705 at Citi
October 31, 2024 5:40 AM EDTCiti analyst Ronald Josey raised the price target on Meta Platforms Inc. (NASDAQ: META) to $705.00 (from $645.00) while maintaining a Buy rating.
The analyst comments "With advertising revenue +20% Y/Y ex-FX and growth across both ad impressions (+7% Y/Y) and pricing (+11%... More
Stifel Comments on Meta Platforms Inc. (META) Earnings
October 30, 2024 4:51 PM EDTStifel analyst Mark Kelley reiterated a Buy rating and $663.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Reported revenue of $40.6bn (+19% y/y) ahead of Street of $40.2bn (+18% y/y), with Operating Income of $17.4bn (43% margin) also ahead of consensus of... More
Goldman Sachs Comments on Meta Platforms Inc. (META) Earnings
October 30, 2024 4:43 PM EDTGoldman Sachs analyst Eric Sheridan reiterated a Buy rating and $636.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "We expect investors to have a muted reaction to META's Q3 24 earnings report as revenues came slightly ahead of GS/Street estimates and just inside the top end of their previously guided revenue range.... More
