Meta Platforms

Meta Platforms (NASDAQ:META) builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram, and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.

Wells Fargo raised its price target on Meta Platforms (NASDAQ:META) to $280 to maintain its overweight rating

Wells Fargo raised its price target on Meta Platforms (NASDAQ:META) to $280 from $250 and maintained its overweight rating on the stock. The bank noted that Meta has strengthened its commitment to improving organizational efficiency, announcing the layoff of about 10,000 employees during 2023 and lowering its operating expenditure guidance for 2023 to $86 billion to $92 billion from the previous $89 billion to $95 billion.

Wells Fargo raised its price target on Meta Platforms (NASDAQ:META) to $280 to maintain its overweight rating Read Post »

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