Goldman Sachs Lowers Meta Platforms Price Target to $762 from $860
According to Benzinga, Goldman Sachs cut its Meta Platforms price target to $762 per share from $860 and kept a Buy rating on the stock.
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what happened
Goldman Sachs analysts have lowered their price target for Meta Platforms shares to $762 per share from the previous $860. Newsmetry API reports the move citing Benzinga data, with the entry timestamped 18:08 GMT.
The bank's rating on the stock remained at Buy. In other words, Goldman reduced its valuation estimate for the shares but did not change its overall view of the company.
why it matters
For the market, such target revisions matter as an indicator of how analyst expectations for individual issuers are shifting. A lower target alone does not mean the share price will move, so investors should also weigh other data, including earnings and the broader market backdrop.
tags
instruments
sources
- Meta Platforms Price Target Cut to $762.00/Share From $860.00 by Goldman Sachs — Newsmetry API, 14 October 2026 at 18:08 UTC
- AppLovin Price Target Cut to $400.00/Share From $465.00 by Goldman Sachs — Newsmetry API, 14 October 2026 at 18:05 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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