Key facts: Baird cuts Meta price target; a16z boosts investment; WhatsApp faces Russian restrictions
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Baird has lowered its price target for Meta Platforms (META) to $815.00 per share, a decrease from the prior target of $820.00.1Marc Andreessen's a16z has heavily invested in Meta Platforms, boosting its status as the third-largest U.S. VC firm with $46 billion in assets amid rising fundraising trends.2Meta Platforms' WhatsApp faces restrictions from Russian authorities, jeopardizing private communication for over 100 million users amid threats of a complete service block and reported outages.3
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