21. “Our investments are paying off, the core business is strong, and we’re seeing velocity across the board,” the Meta chief said in the company’s earnings release . Wall Street mostly bought it. At least 13 analysts raised their price targets after the report, yet the stock still fell sharply by midday on Oct. 22 as chipmakers and other big tech names slid alongside it. That gap between analyst enthusiasm and investor nerves is where the real story sits. Bank of America raised its price target on Meta Platforms to $845 from $810 and kept its buy rating.
POLARIS INSIGHTS