How would you target price META?


I got it at $92 (50 stocks) and I'm thinking how long the upwards tick can last. Some things I'm weighing in

Positives

  1. TikTok has impeding ban US-wide and possibly Europe
  2. VR is growing and they are heavily vested in it, at the moment almost monopoly
  3. It is still printing money despite massive VR investment
  4. Instagram is very much alive

Negatives

  1. Apple VR intro imminent next week, could crater Meta depending on what Apple reveals
  2. Facebook is essentially a dead platform among zoomers and younger
  3. As a VR enthusiast they are not exactly performing on their ecosystem especially Horizon Worlds development

My target is $350 but the soon upcoming Apple WWDC is making me uncomfortable.


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