Wedbush Slashes PT on Meta Platforms (META) to $880 From $920

Group 1: Stock Performance and Analyst Ratings - Meta Platforms, Inc. (NASDAQ:META) is one of the most widely held stocks by hedge funds in 2025, with Wedbush reducing its price target from $920 to $880 while maintaining an Outperform rating [1] - RBC Capital analyst Brad Erickson reaffirmed a Buy rating on Meta with a price target of $810 [2] Group 2: Technological Developments - Meta introduced SAM Audio, a unified AI model capable of segmenting sound from complex audio mixtures, which could transform video and audio editing across various domains [3] - SAM Audio is part of the Segment Anything collection, aimed at revolutionizing audio processing [3] Group 3: Business Focus - Meta builds technological products that facilitate sharing, connection, business growth, and community finding through various devices including personal computers, mobile devices, VR, MR headsets, and wearables [4]