1 Wall Street Analyst Says Meta Platforms Will Fall to $360. Is It a Sell?
Meta Platforms (NASDAQ: META) has been a big winner over the past year and a half, but the stock has slipped following its recent earnings report in April.
Although the social media titan beat analyst estimates on the top and bottom lines, investors didn't like its plans to increase capital spending and operating expenses in order to invest in artificial intelligence (AI) and other strategic initiatives. Its second-quarter revenue guidance was also a bit lighter than expected, leading to a nearly 11% slide on the report.
Now, one Wall Street analyst thinks Meta's a sell.
Source Fool.com
Meta Platforms Inc. Aktie
478,40 €
-2,20 %
Mehrere Buy-Einschätzungen bei Meta Platforms Inc., die die Sell-Zahlen überflügeln.
Ein leicht positives Kursziel von 500 € für Meta Platforms Inc. gegenüber dem aktuellen Kurs von 478.4 € wird gesehen.
