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Investor's Business Daily

Investor's Business Daily

Technology

Technology

Meta Stock Gets Another Price-Target Cut As BofA Sees Tariffs Pressuring Ad Market

Investor's Business Daily
Summary
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84% Informative

Bank of America cuts price targets for Meta , Google , Reddit , Pinterest and Snap .

Analyst: Advertisers will reduce brand-awareness spending by 15 to 20% and direct-response budgets by 4% .

BofA also lowered its 2025 online advertising spending estimates by about $21 billion .

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