Meta Platforms (META) Stock: $240 Target And Buy Rating

  • The shares of Meta Platforms (META) recently received a $240 price target from Truist. These are the details.

The shares of Meta Platforms (META) recently received a $240 price target from Truist. 

TikTok To Put Content Ratings on Videos That Show ‘Overtly Mature Themes’

Price target: Reduced from $260 to $240

Rating: Buy

Analyst: Truist analyst Youssef Squali

Squali adjusted the rating while noting he is reducing the expectations on Internet companies based on stronger foreign exchange headwinds and the prospects for weakening macro. And now Squali said his projections are now baking in a mild recession in 2023 which should pressure growth even though he believes that the companies’ strong cost containment should help protect margins.

Alif Vasaya provides expertise in business strategy, community growth hacking, content production, content strategy, digital ads through acquisitions, raising capital, monetizing the Metaverse, NFT affiliate marketing, consulting, and marketing advising for start-up companies.Highly skilled and results-oriented professional with solid academic preparation holding a bachelor's degree in arts and extensive experience in digital marketing, content production, business transformation, and human resource. Proven ability to assess and manage complex obstacles; viewed as a decisive troubleshooter. Successful in intense and demanding environments, providing strong team leadership and structure with a track record of motivating and developing soldiers.

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