Wedbush maintains an Outperform recommendation for Meta Platforms (NasdaqGS:META) with an average one-year price target of $852.71/share. This represents a 29.44% upside from the latest closing price of $658.79/share. Analysts project annual revenue at 142,851MM with a non-GAAP EPS of 11.16.

There are 7,070 funds reporting positions in Meta Platforms, with a total of 1,932,470K shares owned by institutions. The put/call ratio of META is 0.60, indicating a bullish outlook. Major shareholders like Vanguard and Jpmorgan Chase have increased their portfolio allocation in META over the last quarter.

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