Wells Fargo Trims Meta Platforms Price Target to $765: Why the AI Infrastructure Bet Still Has Believers

Wells Fargo lowered its price target on Meta Platforms to $765 from $770 while keeping an Overweight rating. The $5 cut is modest and suggests only a slight adjustment to the analyst’s outlook, with no change to the positive stance on the stock.

Analysis

Wells Fargo lowered its price target on Meta Platforms to $765 from $770 while keeping an Overweight rating. The $5 cut is modest and suggests only a slight adjustment to the analyst’s outlook, with no change to the positive stance on the stock.