Why Meta Platforms, Inc. (META) Is Under Analyst Spotlight

Core Insights - A federal judge ruled in favor of Meta Platforms, Inc. against the FTC's antitrust charges, which claimed that Meta holds a monopoly in social networking [1] - The ruling is viewed positively for major tech companies like Amazon, which are also facing FTC scrutiny [2] - Meta's spokesperson emphasized the company's contributions to innovation and economic growth, indicating a commitment to continue investing in America [2] Company Overview - Meta Platforms, Inc. is a California-based company founded in 2004, focusing on products that enable sharing and connection across devices [3] - The company operates through two segments: Family of Apps and Reality Labs [3] Analyst Ratings and Price Targets - Cantor Fitzgerald reduced its price target for Meta from $830 to $720 while maintaining an 'Overweight' rating [2] - Freedom Capital upgraded Meta's stock from 'Hold' to 'Buy' with a price target of $800 [2]