The Latest Breaking News from Lloyd Walmsley

The tech giant offered updates for two key e-commerce areas: AI-powered devices and grocery.

Throughout the last three months, 47 analysts have evaluated Meta Platforms (NASDAQ:META), offering a diverse set of opinions from bullish to bearish.

A Wall Street analyst on Thursday raised his price target on Amazon stock on improving prospects for AWS in generative AI.

Positive feedback from advertisers on Pinterest has resulted in the social networking company getting an upgrade and price target hike.

UBS analyst Lloyd Walmsley raised the price target on Meta Platforms Inc (NASDAQ:FB) to $300 from $280 and kept a Buy rating on the shares. The price target implies an upside of 29.4%. The impact of the Russia-Ukraine war is more than offset by the company's lower operating expense estimates. Also Read: From 'Facebook' To 'Meta,' 'Facebookers' To…

The major Swiss bank UBS reiterated a Buy on Meta Platforms Inc (NASDAQ:FB) with a price target of $280.  The price target implied an upside of 27.5%. It's time to talk about the monetization of the video format Reels, noted analyst Lloyd Walmsley.  Walmsley admitted that users' time on platforms like Instagram is likely to increase significantly. As far…

Analysts mainly slashed their price targets on Pinterest Inc (NYSE:PINS) post Q4 results. BofA analyst Justin Post lowered the price target on Pinterest to $46 from $57 (87.7% upside) and kept a Neutral rating on the shares.  While the company reported better than expected revenue and adjusted EBITDA, users are "still under pressure," said Post, who…