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Meta Platforms Price Target Trimmed by Wells Fargo

WFCMETA
Analyst InsightsAnalyst EstimatesCorporate EarningsCompany FundamentalsTechnology & InnovationMedia & Entertainment

Wells Fargo trimmed its price target on Meta Platforms to $765 from $856 (down $91, ~11%) while maintaining an Overweight rating ahead of quarterly results. The move signals a modestly more cautious near-term view and could put modest downside pressure on shares ahead of the earnings release, but it is not a downgrade.

Analysis

Wells Fargo trimmed its price target on Meta Platforms to $765 from $856 (down $91, ~11%) while maintaining an Overweight rating ahead of quarterly results. The move signals a modestly more cautious near-term view and could put modest downside pressure on shares ahead of the earnings release, but it is not a downgrade.

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mildly negative

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