Cowen raised Meta Platforms(NASDAQ:META) price target to $190 from $175

TD Cowen analyst John Blackledge described Meta Platforms(NASDAQ:META) raised its price target to $190 from $175 and maintained its “outperform” rating. “They disclosed updates to employees on the company’s 23 efficiency programs; The plan calls for 10,000 job cuts and the elimination of 5,000 open positions, and we updated our model to reflect the new guidelines. ”

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