Meta is reportedly planning to cut about 20% of its workforce to offset AI infrastructure costs; JPMorgan reiterated an Overweight rating and set a $825 price target on March 16. The analyst action signals continued confidence in Meta's longer-term fundamentals despite near-term restructuring and cost pressure from AI investments.
Meta is reportedly planning to cut about 20% of its workforce to offset AI infrastructure costs; JPMorgan reiterated an Overweight rating and set a $825 price target on March 16. The analyst action signals continued confidence in Meta's longer-term fundamentals despite near-term restructuring and cost pressure from AI investments.
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mixed
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0.05
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