JPMorgan analyst Doug Anmuth lowered the price target on Meta Platforms Inc.
(NASDAQ: META) to $640 (from $725) while maintaining a Neutral rating.
“Meta shares traded down ~7.5% post-close as visibility into monetizing AI spend beyond advertising remains limited.
2Q revenue growth (+27% FXN) & the 3Q guide (+20%-26% FXN)—while still strong—came in slightly below expectations, but the focus coming out of earnings likely remains on Meta’s ability to prove out returns on heavy AI capex beyond advertising.”
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Tracking this call
Since this note+26% META $585.61 → $738.88 (Oct 7) · target reached
This callScored on Jan 29, 2027, six months after the note: did META reach $640?
Firm track recordJP Morgan reached 62% of its 26 scored targets within six months (#23 of 31 firms). Accuracy ranking →
