Meta Platforms Price Target Trimmed by Wells Fargo

Meta Platforms Price Target Trimmed by Wells Fargo

Quick Read Wells Fargo trimmed Meta’s (META) price target to $765 from $856 while maintaining an Overweight rating, citing near-term macro uncertainty but keeping its fundamental thesis intact with above-consensus revenue estimates. The pullback to $579 leaves Meta trading below both its 50-day and 200-day moving averages, creating what Wells Fargo views as an entry opportunity ahead of April 28 earnings, though investors should expect patienc…