An analyst at BofA Securities cited concerns for
Meta Platforms
‘ foreseeable future on Monday amid advertising and marketing uncertainty and issues with Reels and the Metaverse.
BofA Securities analyst Justin Write-up downgraded shares of Meta (ticker: META) to Neutral from Get on Monday, and minimize his 12-month selling price focus on on the inventory to $150 from $196. Publish wrote in a exploration observe that there was “added uncertainty on 2023” that will make him more cautious on the inventory.
An analyst at BofA Securities cited concerns for
Meta Platforms
‘ foreseeable future on Monday amid advertising and marketing uncertainty and issues with Reels and the Metaverse.
BofA Securities analyst Justin Write-up downgraded shares of Meta (ticker: META) to Neutral from Get on Monday, and minimize his 12-month selling price focus on on the inventory to $150 from $196. Publish wrote in a exploration observe that there was “added uncertainty on 2023” that will make him more cautious on the inventory.
