Meta Platforms, also known as Facebook, has seen varied predictions from Wall Street analysts lately. Some claim the stock could potentially reach
$550-$570, touting it as a
buy. However, certain billionaires have reportedly been seen selling off their Meta shares and there are critics advising against its purchase. The company has recently seen high trading performance outperforming its competitors. It has also taken an interest in the metaverse, through investment in
Ray-Ban maker
EssilorLuxottica and has come into focus due to stock trajectory changes. Despite some reports of it sinking, factors such as
AI-Focus pushing its sales might invite optimistic price targets. However, some feel the stock might be overvalued for the
short-term. There are also mentions regarding a possible stock-split by 2024. Despite potential turbulence, there are those that believe it will prove a high-growth, high-gain venture in the next 5 years.
Meta Platforms Stocks News Analytics from Sun, 21 Jan 2024 08:00:00 GMT to Sun, 21 Jul 2024 18:56:00 GMT -
