Neutral
Meta's stock declines 2.4% amid profit-taking after recent rally.
In the past 24 hours, Meta Platforms' stock experienced a 2.4% decline, closing at $721.31. This pullback follows a nearly 22% rally over the previous month, suggesting investors are taking profits. Analysts maintain a 'Moderate Buy' consensus with an average price target of $791.86.
Key points
- Meta's stock price decreased by 2.4% to $721.31, following a significant rally.
- Analysts uphold a 'Moderate Buy' rating with an average price target of $791.86.
- Investors are taking profits after a nearly 22% rally over the past month.
Sources
AI-generated from public news sources. Not financial advice.
