Bank of America Cuts Digital Targets
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•Technology
Technology
Meta Stock Gets Another Price-Target Cut As BofA Sees Tariffs Pressuring Ad Market

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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