CANTOR FITZGERALD LOWERS PT ON META PLATFORMS (META), KEEPS A BUY RATING
https://media.zenfs.com/en/insidermonkey.com/3bb8ee25366b0d99cae297f8032c1254
✍️ Meta Platforms, Inc. (NASDAQ:META) is a tech company that connects people through social media and immersive experiences, with a recent price target adjustment from $830 to $720 by Cantor Fitzgerald.
👉 Cantor Fitzgerald analyst Deepak Mathivanan lowered the firm's price target on Meta Platforms, Inc. (NASDAQ:META) from $830 to $720. 👉 The company expects higher operating expenses for fiscal 2026 due to infrastructural costs, cloud computing, depreciation, and AI talent. 👉 Meta Platforms, Inc. (NASDAQ:META) has signed agreements worth over $40 billion with cloud vendors, adding $4 billion in incremental costs. 👉 The company plans to invest $600 billion in the US over the next 3 years to expand AI and data center infrastructure and create jobs.
-- #DeepakMathivanan #LauraMartin #US #business
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