Twitter (TWTR) just did away with 30% of its talent acquisition team, and Tesla (TSLA) exited nearly 200 employees. Meta shares have nosedived nearly 52% this year as a multitude of factors, including inflation, rising rates, heightened competition from new entrants on the block, and shifting user interests, have weighed on its price. Amid this correction, the Street is cautiously optimistic about Meta, with a Moderate Buy consensus rating and an average price target of $267.39, implying a 64.16% potential upside.