Meta Platforms Inc. has shown a resilient stock performance, gaining 2.07% recently and 33.24% since April 21, driven by optimism following a significant tariff pause between the U.S. and China. The latest earnings report was mixed; while EPS expectations were missed, revenue beat forecasts. While Barclays lowered its price target, other firms like Bank of America and Citi increased theirs, but concerns loom with ongoing legal challenges, including antitrust issues and claims of national security violations which could impact future guidance.
Meta Platforms has seen its shares appreciate by 33.24% since April 21, buoyed by a favorable market environment despite mixed Q1 earnings.
Barclays lowered its price target on Meta to $640, contrasting with other analysts who raised their targets, reflecting varied confidence in the stock's future.
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