Analysts revise Meta stock price targets after earnings

Among the standout performers dubbed the ‘Magnificent Seven,’ Meta (NASDAQ: META) shines with an impressive 42% year-to-date growth, fueling analyst optimism and setting high revenue targets for the second quarter. Analysts are bullish on Meta due to its focus on efficiency and profitability, exemplified by its recent introduction of dividend payments and its massive global reach, which engages nearly half the world’s population.However, challenges such as rising interest rates and Wall Street’s skepticism ...