From Investing.com: 2024-06-20 04:14:04

KeyBank Capital Markets upgraded Meta Platforms (NASDAQ:) to Overweight and raised 2024 and 2025 EPS estimates. Price target bumped to $540, up 8% from previous close. Gupta Media reports 8 point ad price growth YOY. Meta’s ROI invites advertisers with AI offerings. Revenue estimates now $160.9B (2024) and $181.2B (2025). EPS forecasts at $21.40 (2024) and $24.57 (2025). 2026 revenue projected at $201.7B, EPS at $27.60.



Read more at Investing.com: KeyBanc analysts raise price target and earnings estimates for Meta stock By Investing.com