Bernstein analysts increased the price target for Meta Platforms Inc. (NASDAQ: NASDAQ:META) shares, raising it to $800 from the previous $685, while maintaining an Outperform rating. With Meta trading near $676 and approaching its 52-week high of $682.

Stifel analyst Mark Kelley raised the firm’s price target on Meta Platforms (META) to $740 from $692 and keeps a Buy rating on the shares. Meta

Social network operator Meta Platforms (NASDAQ:META) in Q4 CY2024, with sales up 20.6% year on year to $48.39 billion. On the other hand, next quarter’s revenue guidance of $40.65 billion was less impressive,

Meta Platforms beat Wall Street expectations for fourth-quarter revenue on Wednesday but predicted sales in the current first quarter may not meet forecasts, sending mixed signals about how its bets on pricey artificial intelligence-powered tools are paying off.

Meta Platforms' (META) first-quarter revenue outlook fell short of market estimates at the midpoint, but shares of the technology giant rose early Thursday as it recorded better-than-expected results in the preceding three-month period.