The recent
trend with
Meta Platforms Stock displays a mixed bag of results and projections. The tech behemoth secured a βPerfect 10β score alongside Walmart, indicating robust footing. However, it underwent a potential
rating downgrade due to AI-related developments, causing uncertainty. Meanwhile, Wall Street focused on Federal rate decisions, jobs data and significant earnings from Apple, Meta Platforms, Amazon among others. Despite certain stocks like Nvidia dipping,
Meta Platforms posted a significant upswing rallying alongside other Big Tech stocks. An analyst has set a lucrative roadmap, forecasting Meta stock to reach $800. On the other hand, a consecutive 5-day fall in stock-price pushed investors to question the viability of Meta as a buy. As anticipation peaks for Q2 earnings, some analysts are raising their price targets.
Continued growth sees Meta potentially joining Amazon in the $2 Trillion club. However, debates persist on whether it's a buy, sell, or hold right before earnings. Despite some troubled waters due to potential EU Antitrust Fine, Meta still managed a
28% Year-To-Date gain. Some believe Meta stock will go on to hit $750 per share.
Meta Platforms Stocks News Analytics from Sat, 20 Jan 2024 08:00:00 GMT to Sun, 28 Jul 2024 16:51:17 GMT -
Rating 5
- Innovation 3
- Information 7
- Rumor -3