Wall Street sets Meta stock price for next 12 months

Meta Platforms (NASDAQ: META) impressive stock performance follows an almost 200% surge last year, driven by CEO Mark Zuckerberg’s implementation of cost-cutting measures. Describing 2023 as a “year of efficiency,” Zuckerberg aimed to address the stock’s decline to a six-year low in 2022.And the effects are still being felt as this company’s valuation has surpassed the $1 trillion threshold, a feat it hasn’t achieved since September 2021.Investors are waiting to see the performance in numbers, as Meta is se ...