Why some Wall Street analysts say to consider buying the post-earnings dip in Meta Platforms

  • 📰 CNBC
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Wall Street analysts are standing by Meta Platforms despite the post-earnings selloff in shares. How some analysts recommend using the stock pullback.

Wall Street analysts are standing by Meta Platforms despite the post-earnings sell-off, with some recommending using the pullback to scoop up the stock. "Let's be clear, there's still a lot to get excited about," said Bernstein analyst Mark Shmulik. "Reels is net neutral already, click-to message ads appears to have unlocked a whole new to go after, and engagement trends continue to defy gravity. The growth story remains fully intact.

mountain Meta shares slump post-earnings Shares were last down about 4%. Despite Thursday's weakness and the ongoing uncertainties that could hamper shares in the near term, Wall Street analysts are retaining their buy rating on the stock and optimistic outlook on the social media giant's future, or recommending using the dip as a buying opportunity.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Meta Platforms Stock News: META loses 4% as Q4 uncertainty prevails on earnings beatMeta Platforms (META), the owner of Facebook, Instagram and WhatsApp, saw its stock price decline over 4% at Thursday’s open in its first regular ses
Sumber: FXStreetNews - 🏆 14. / 72 Baca lebih lajut »