Market Reacts: $META Stock Drops 13% Pre-Market as Analysts Slash Target Prices

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Published: Apr 25, 2024 Updated: Aug 31, 2026 1 min read

In pre-market, $META down by 13%. Several financial institutions have adjusted their target prices for $META:

Truist Securities has decreased its target price from $550 to $535.

JMP Securities has decreased its target price from $550 to $525.

Barclays has decreased its target price from $550 to $520.

Wolfe Research has decreased its target price from $530 to $500.

JPMorgan has decreased its target price from $535 to $480.

Goldman Sachs has decreased its target price from $555 to $500.

Stifel has decreased its target price from $588 to $550.

Citi has decreased its target price from $590 to $550.

Jefferies has decreased its target price from $585 to $540.

Bernstein has decreased its target price from $590 to $565.

RBC Capital has decreased its target price from $600 to $570.

However, Roth/MKM has increased its target price from $500 to $510.

Meta’s Revenue Outlook Miss Sends Stock Plummeting 19% in After-Hours Trading

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https://bigbreakingwire.in/mark-zuckerbergs-strategic-stock-divestment-a-comprehensive-analysis-of-106m-in-meta-platforms-inc-shares-sold-in-february-and-march-2024/

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Founder & Editor-in-Chief

Abhishek Sharma

I’m Abhishek Sharma, an Advocate based in Delhi, entrepreneur, investor, and founder of BigBreakingWire. I am an enrolled Advocate with a strong interest in entrepreneurship, media, and technology. I founded BigBreakingWire, a digital news platform covering breaking news, business, financial markets, companies, and important developments in India and around the world. I also have a software company and take an active interest in technology, software, AI, digital products, and new business ideas. As an investor, I’m interested in discovering and investing in promising businesses and startups. I look for good ideas, strong founders, practical business models, and opportunities with long-term potential. I enjoy building businesses, learning about new industries, and connecting with people who are working on interesting ideas and opportunities. Advocate | Entrepreneur | Investor | Founder & Editor-in-Chief, BigBreakingWire

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Last reviewed by Abhishek Sharma on August 31, 2026

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Market Reacts: $META Stock Drops 13% Pre-Market as Analysts Slash Target Prices

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