{"id":14540,"date":"2024-04-25T17:20:29","date_gmt":"2024-04-25T11:50:29","guid":{"rendered":"https:\/\/bigbreakingwire.in\/market-reacts-meta-stock-drops-13-pre-market-as-analysts-slash-target-prices\/"},"modified":"2024-04-25T17:20:29","modified_gmt":"2024-04-25T11:50:29","slug":"market-reacts-meta-stock-drops-13-pre-market-as-analysts-slash-target-prices","status":"publish","type":"post","link":"https:\/\/bigbreakingwire.in\/market-reacts-meta-stock-drops-13-pre-market-as-analysts-slash-target-prices\/","title":{"rendered":"Market Reacts: $META Stock Drops 13% Pre-Market as Analysts Slash Target Prices"},"content":{"rendered":"<div style=\"margin-top: 0px; margin-bottom: 0px;\" class=\"sharethis-inline-share-buttons\" ><\/div>\n<p><br>In pre-market, $META down by 13%. Several financial institutions have adjusted their target prices for $META:<br><br>Truist Securities has decreased its target price from $550 to $535.<\/p>\n\n\n\n<p>JMP Securities has decreased its target price from $550 to $525.<br><\/p>\n\n\n\n<p>Barclays has decreased its target price from $550 to $520.<\/p>\n\n\n\n<p>Wolfe Research has decreased its target price from $530 to $500.<br><\/p>\n\n\n\n<p>JPMorgan has decreased its target price from $535 to $480.<\/p>\n\n\n\n<p>Goldman Sachs has decreased its target price from $555 to $500.<br><\/p>\n\n\n\n<p>Stifel has decreased its target price from $588 to $550.<br><\/p>\n\n\n\n<p>Citi has decreased its target price from $590 to $550.<br><\/p>\n\n\n\n<p>Jefferies has decreased its target price from $585 to $540.<br><\/p>\n\n\n\n<p>Bernstein has decreased its target price from $590 to $565. <\/p>\n\n\n\n<p>RBC Capital has decreased its target price from $600 to $570.<br><br>However, Roth\/MKM has increased its target price from $500 to $510.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-bigbreakingwire wp-block-embed-bigbreakingwire\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"veSedvLaNh\"><a href=\"https:\/\/bigbreakingwire.in\/metas-revenue-outlook-miss-sends-stock-plummeting-19-in-after-hours-trading\/\">Meta&#8217;s Revenue Outlook Miss Sends Stock Plummeting 19% in After-Hours Trading<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Meta&#8217;s Revenue Outlook Miss Sends Stock Plummeting 19% in After-Hours Trading&#8221; &#8212; BigBreakingWire\" src=\"https:\/\/bigbreakingwire.in\/metas-revenue-outlook-miss-sends-stock-plummeting-19-in-after-hours-trading\/embed\/#?secret=su4xYxzpBj#?secret=veSedvLaNh\" data-secret=\"veSedvLaNh\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n\n\n\n<figure class=\"wp-block-embed is-type-wp-embed is-provider-bigbreakingwire wp-block-embed-bigbreakingwire\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"AB3fRLpPhg\"><a href=\"https:\/\/bigbreakingwire.in\/mark-zuckerbergs-strategic-stock-divestment-a-comprehensive-analysis-of-106m-in-meta-platforms-inc-shares-sold-in-february-and-march-2024\/\">Mark Zuckerberg&#8217;s Strategic Stock Divestment: A Comprehensive Analysis of $106M in Meta Platforms, Inc. Shares Sold in February and March 2024<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"&#8220;Mark Zuckerberg&#8217;s Strategic Stock Divestment: A Comprehensive Analysis of $106M in Meta Platforms, Inc. Shares Sold in February and March 2024&#8221; &#8212; BigBreakingWire\" src=\"https:\/\/bigbreakingwire.in\/mark-zuckerbergs-strategic-stock-divestment-a-comprehensive-analysis-of-106m-in-meta-platforms-inc-shares-sold-in-february-and-march-2024\/embed\/#?secret=T1fZzwWid5#?secret=AB3fRLpPhg\" data-secret=\"AB3fRLpPhg\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>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&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[618,616,619,1],"tags":[2485,3597,2383,1469,245,471,3660,1537,1814,3659,3595,3599,3662,2885,1577,2632,3661],"class_list":["post-14540","post","type-post","status-publish","format-standard","hentry","category-brokerage-reports","category-stock-in-news","category-stocks-in-news","category-tech","tag-analyst","tag-barclays","tag-bernstein","tag-citi","tag-goldman-sachs","tag-jefferies","tag-jmp-securities","tag-jpmorgan","tag-meta","tag-pre-market","tag-rbc-capital","tag-roth-mkm","tag-stifel","tag-stock","tag-target-price","tag-truist-securities","tag-wolfe-research","entry","rows"],"jetpack_publicize_connections":[],"modified_by":null,"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/pfgCxS-3Mw","jetpack_sharing_enabled":true,"jetpack_likes_enabled":false,"_links":{"self":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/14540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/comments?post=14540"}],"version-history":[{"count":0,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/posts\/14540\/revisions"}],"wp:attachment":[{"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/media?parent=14540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/categories?post=14540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bigbreakingwire.in\/wp-json\/wp\/v2\/tags?post=14540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}