Facebook Reality Labs (FRL)
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Reality Labs Restructuring Seen as “Step in Right Direction” for META, Analyst Says
Yahoo Finance· 2025-12-09 21:39
Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks on the Market’s Radar. On December 5, Mizuho maintained its “Outperform” rating on the stock with an $815.00 price target. The rating affirmation follows Meta’s announced restructuring in its Facebook Reality Labs (FRL) segment, an early sign of fiscal restraint which reduces risk sentiment into next earnings. According to several sources, Meta is reportedly planning to cut its budget by up to 30% in its Reality Labs metaverse division. Job cuts ...