Citizens Lowers Meta Price Target to $770
- Rating
- Buy
- Price target
- $770
- from $800
- Implied upside
- +31%
- vs $585.61 prior close
Citizens analyst Andrew Boone lowered the price target on Meta Platforms Inc.
(NASDAQ: META) to $770 (from $800) while maintaining a Market Outperform rating.
“We are lowering our price target to $770 from $800 based on our expectations for greater CapEx and AI investment.
Meta traded to $542 in the aftermarket, which implies shares trade for 16.9x our 2027E GAAP EPS of $32.04. Our revised $770 price target is based on an unchanged ~24x our revised 2027E GAAP EPS.”
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Tracking this call
Since this note+26% META $585.61 → $738.88 (Oct 7) · 83% of the way to the target
This callScored on Jan 29, 2027, six months after the note: did META reach $770?
