Is Meta Platforms Stock a Sell at $360 Price Target? Analysts Weigh In
Thursday, 9 May 2024, 11:51
Investor Concerns on Meta Platforms
Meta Platforms stock faces pressures after an earnings report in April, triggered by rising capital spending and operating expenses.
AI Investment Strategy
Meta Platforms increases investment in AI and other initiatives, raising doubts among investors.
Wall Street Analyst Warning
Exane BNP Paribas issues a sell rating on Meta Platforms with $360 target price, projecting a 24% decline.
- Meta's Metaverse and AI Ventures
- Concerns on Profitability
- Growth Potential Evaluation
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