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Citi: Meta's $18B youth settlement is manageable operational hit

Investing.com +1 ·

META Meta Platforms Inc
$576.14 +1.07%
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  1. 1Citi says Meta's (META) $18 billion youth settlement with 52 US state attorneys general removes major uncertainty
  2. 2Includes 2-hour daily limit for users aged 13–17 on Facebook and Instagram, overnight and school-hour blocks, with $10B legal charge in Q3
  3. 3Youth revenue is under 1% of total and average usage is about 1 hour, limiting the impact; Citi keeps Buy rating and $800 price target

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