Is Meta Stock a Buy With Its "Twitter Killer" Threads App Topping 70 Million Users?
Check out the new Threads. That's what more than 70 million people have done so far.
Meta Platforms (NASDAQ: META) launched its newest social media platform called Threads on July 5, 2023. Some are calling it the "Twitter killer." Whether or not that nickname is warranted remains to be seen. However, there are some striking similarities between the two social apps.
Is Meta stock a buy with Threads enjoying unprecedented popularity?
Source Fool.com
Meta Platforms Inc. Stock
€463.65
-1.990%
We see a rather positive sentiment for Meta Platforms Inc. with 8 Buy predictions and 2 Sell predictions.
As a result the target price of 515 € shows a slightly positive potential of 11.08% compared to the current price of 463.65 € for Meta Platforms Inc..