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Investment firms adjust stakes in Meta Platforms after Q1 earnings beat expectations.
Investment firms Regatta Capital Group LLC and Everest Management Corp. adjusted their stakes in Meta Platforms, with Regatta reducing its holdings by 0.5% and Everest increasing by 29.1%.
Meta's Q1 earnings exceeded expectations, reporting $6.43 EPS, up from estimates of $5.33, with a market cap of $1.75 trillion.
The company's stock is rated as a "Moderate Buy" with a target price of $702.48.
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Las firmas de inversión ajustan las participaciones en Meta Platforms después de que las ganancias del primer trimestre superaran las expectativas.