1Q Meta Platforms experienced a 10.3% drop in SRN Advisors' holdings, but Baird and Daiwa Securities increased their stakes. Research analysts maintain a "Moderate Buy"
Meta Platforms (META) saw changes in institutional investor holdings in Q1, including a 10.3% decrease in SRN Advisors' holdings to 2,439 shares. Baird Financial Group and Daiwa Securities boosted their stakes by 24.2% and 7.7%, respectively. Research analysts have issued "buy" ratings for META, with an average price target of $571.84 and a consensus rating of "Moderate Buy". In Q2, Meta reported $5.16 EPS, surpassing analysts' consensus estimate of $4.70. Bank of America upgraded its price target to $563.
August 03, 2024
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