Top Analysts Slash Price Targets for Meta Platforms Stock (META) on Macro and Tariff Concerns
Meta Platforms (META) stock has declined more than 12% over the past five trading days as Trump’s tariffs are expected to slowdown global economies and impact ad spending on the social media giant’s platform. Given the near-term challenges and macro uncertainties, some top analysts have slashed their price targets for META stock though they remain bullish on the company’s long-term growth potential and AI (artificial intelligence) tailwinds.
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Meta Platforms is scheduled to announce its first-quarter results on April 30. Analysts expect the company to report (earnings per share) of $5.24 for the first quarter of 2025, reflecting a 11.3% year-over-year growth. The company, which owns…
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