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BofA Trims Meta Platforms Price Target to $820 but Stays Bullish: Is Ad Spending Holding Up Better Than Feared?
Yahoo2026.04.20Source: Yahoo
Meta Platforms (NASDAQ:META) stock picked up a nuanced call from Bank of America on Monday: the firm trimmed its price target to $820 from $885 while maintaining its Buy rating. The move signals valuation recalibration rather than any crack in the fundamental story. The key takeaway for investors is that BofA’s channel checks suggest Q1 ... BofA Trims Meta Platforms Price Target to $820 but Stays Bullish: Is Ad Spending Holding Up Better Than Feared?