Meta Platforms Inc META

Cleansing continues .

[Galaxym31]

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[inse]

Cleanse those goggles. At least Kevin O'Leary openly acknowledged that he made a mistake investing in Meta and has since dumped his position.   Keep cleansing.

[Galaxym31]

yes I remember he also invested in Tesla don't remember what price I think it was over 700

[Puma1back]

Back to levels of 2015 or so - what a hit 

[Puma1back]

Goldman target is down, but still aggressive $165 - they must see the recession as being short lived. 

[ratsnake220]

Recession short lived....Goldman is not implying that at all.....the analyst community has witnessed the fang stock collapse and trying to figure out what is the proper multiple.....this was discussed at length on Cnbc half time and on Fast money....realistically 13 x equals a 3100 S&P....Carter Worth comments apple based on his charts could drop anywhere from 15 to 25%.......thats apple with

[Puma1back]

As well, given Ad revenues were slightly up on a constant $ basis, then notwithstanding the guidance for Q4, Goldman would seem to be looking through this recession and seeing high interest rates as a shorter term situation.