Bank of America Securities Lowers Price Target on Meta Platforms (META), Analysts Remain Bullish
Bank of America Securities lowered its price target on Meta Platforms (META) from $885 to $820, while maintaining a Buy rating. Despite this adjustment, the broader analyst community remains bullish, with 90% of 73 analysts holding a Buy rating and an average price target implying over 28.9% upside. The firm expects Meta to deliver stronger-than-expected Q1 results.
Tickers: $META
Topics: Analyst Rating Investment Outlook Meta Platforms Price Target Stock Market