Meta Platforms Inc (NASDAQ:META) shares are falling Thursday on the heels of the company’s first-quarter financial results. Several analysts also cut price targets on the stock following the print. What Happened: Meta reported first-quarter revenue of $36.455 billion, which came in ahead of analyst estimates of $36.156 billion. The company also beat earnings estimates when it reported EPS of $4.71 versus estimates of $4.33, according to Benzinga Pro. Family daily active people were ip 7% year-over-year to 3.24 billion. Ad impressions climbed 20% and average price per ad jumped 6% year-over-year. “It’s been a good start to the year. The new version of Meta AI with Llama 3 is another step towards building the world’s leading AI. We’re seeing healthy growth across our apps and we continue making steady progress building ...