[ccpw id="5"]

Home.forex news reportWells Fargo Maintains Overweight Rating on Meta Platforms (META) Stock

Wells Fargo Maintains Overweight Rating on Meta Platforms (META) Stock

-


Meta Platforms, Inc. (NASDAQ:META) is one of the Best Long-Term Tech Stocks to Buy According to Analysts. On January 23, Wells Fargo analyst Ken Gawrelski reduced its price target on the company’s stock to $754 from $795, while keeping an “Overweight” rating, as reported by The Fly. As per the firm, the evaluation of capacity contracts continues to support a significant upward revision to OpEx/CapEx estimates over 2026-2028.

Wells Fargo Lowers PT on Meta Platforms (META) Stock
Wells Fargo Lowers PT on Meta Platforms (META) Stock

The firm opines that, between increased AI investments in compute capacity and the identification of new use cases and products, there is a near-term mismatch in timing.

On January 20, UBS reduced its price objective on the company’s stock to $830 from $915, while keeping a “Buy” rating, as reported by The Fly. According to the analyst, the outlook for Q4 2025 earnings for advertising-driven companies points to slimmer-than-expected beats. This comes after a slow October due to the US government shutdown. However, a rebound was seen in November and December.

While we acknowledge the potential of META as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

JPMorgan Chase & Co. (JPM) Issues $6 Billion in Notes to Support Liquidity and Financing

JPMorgan Chase & Co. (NYSE:JPM) is among the most profitable financial stocks to invest in. On January 22, JPMorgan Chase &...

Bank of America Corporation (BAC) Evaluates New Credit Cards With 10% Rate

Bank of America Corporation (NYSE:BAC) is among the most profitable financial stocks to invest in. On January 22, Reuters reported that...

Why Analysts Are Closely Watching Wells Fargo & Company (WFC)

Wells Fargo & Company (NYSE:WFC) is among the most profitable financial stocks to invest in. On January 15, TD Cowen slightly...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img