Meta Platforms, Inc. (META) Price Target Cut to $580 but Remains a Top Pick Ahead of Earnings
From Yahoo Finance: 2025-04-26 23:01:00
The IMF reports that AI will boost global output by 0.5% yearly from 2025 to 2030, outweighing the 1.2% rise in carbon emissions from data centers. The social cost of extra emissions is estimated at $50.7-$66.3 billion, minor compared to AI’s economic gains. AI can reduce emissions with the right policies.
The Grantham Research Institute suggests AI could cut carbon emissions with advances in low-carbon tech, but market forces alone won’t drive this change. Governments, tech, and energy companies must ensure AI is used sustainably. Hedge funds favor AI stocks, with Meta Platforms, Inc. ranking high, but other stocks may offer better returns.
Meta Platforms, Inc. (META) remains a favored investment despite a price target reduction to $580 from $730 by Roth MKM. The company’s AI products and potential guidance changes make it appealing. While META holds promise, some AI stocks may offer greater returns. Check out reports for more insights on AI stocks.
Read more at Yahoo Finance: Meta Platforms, Inc. (META) Price Target Cut to $580 but Remains a Top Pick Ahead of Earnings