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Meta Platforms price target lowered to $880 from $920 at Wedbush

Wedbush lowered the firm’s price target on Meta Platforms (META) to $880 from $920 and keeps an Outperform rating on the shares. Meta is the firm’s top advertising pick for 2026, supported by resilient digital ad trends, strong adoption of Advantage+, and monetization of new channels, the analyst tells investors in a research note. Margins are expected to contract next year, though additional cost discipline could provide upside, Wedbush says.

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