Cantor Fitzgerald Cuts Price Targets for Meta and MercadoLibre
Cantor Fitzgerald lowered Meta Platforms’ target to $840 and MercadoLibre’s to $2,200 per share, while keeping MercadoLibre at Overweight.
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what happened
Dow Jones Newswires reported that Cantor Fitzgerald cut its price target for Meta Platforms to $840.00 per share from $860.00. Benzinga was cited as the source for the ratings information.
The firm also reduced its MercadoLibre target to $2200.00 per share from $2300.00. Cantor Fitzgerald maintained an Overweight rating on MercadoLibre, according to Dow Jones Newswires, citing Benzinga’s analyst-ratings data.
why it matters
The changes represent updated analyst valuations for both companies. Maintaining the Overweight rating on MercadoLibre indicates that the target-price revision did not include a change to the stated recommendation.
instruments
sources
- Meta Platforms Price Target Cut to $840.00/Share From $860.00 by Cantor Fitzgerald — Dow Jones Newswires, 12 October 2026 at 11:20 UTC
- MercadoLibre Price Target Cut to $2200.00/Share From $2300.00 by Cantor Fitzgerald — Dow Jones Newswires, 12 October 2026 at 11:18 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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