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Shares of Meta Platforms (NASDAQ: META) fell to a cheap valuation in 2022 and have soared almost 400% over the last two years. JMP Securities analyst Andrew Boone recently raised the firm's price ...
Shares rose as high as $577 after market open before edging down 0.7%, or around $564, mid-morning. At Meta Connect 2024 on Wednesday, CEO Mark Zuckerberg unveiled Meta’s newest AI model, Llama 3.2.
It is worth noting that 85% of the analysts rate Meta stock as a buy, and the Street-high price target of $660 points toward a 25% jump in the stock price. However, a closer look at Meta's ...
Stephen Mandel of Lone Pine Capital sold 364,426 shares of Microsoft, reducing his position by 18%. He also bought 496,900 shares of Meta Platforms, increasing his position by 36%. Meta Platforms ...
Investors who are confident in Meta's ability to consolidate its leadership in social media and AI have plenty of reasons to consider buying the stock. Decision time: A runway for Meta Platforms stock
The social media company just gave shareholders a lot to be happy about.
Given Meta's strong stock gains in the past couple of years, it's not nearly as attractive from a valuation perspective today. Shares trade at a price-to-earnings ratio of 29.2. At first glance ...
The downside of high expectations thumped Wall Street on Thursday, and Microsoft and Meta Platforms dragged U.S. stock indexes lower despite delivering strong profits for the summer. Microsoft ...