Market Movers aggregates the best reactions from investors and analysts on the Meta platform. Experts, including Jim Cramer, discuss the social media company a day after it launched its Threads platform to rival Twitter. Overnight, more than 30 million users signed up for the new service, which connects directly to existing Instagram accounts. The launch caught the attention of KeyBanc, which raised its price target on Meta from $280 to $335. Analysts at the firm said Threads could bring in billions of dollars in advertising revenue. Elsewhere, Tigress Financial’s Ivan Feinseth reiterated a Buy rating on Meta with a $380 price target. In Thursday’s trading, Meta’s shares were flat from a 17-month high hit the previous day. Shares are up more than 140% this year.
