Reported about 11 hours ago
Wall Street is expressing optimism about Meta Platforms ahead of its first-quarter earnings report, set to be released amid macroeconomic concerns and legal challenges. Analysts from major banks like Wells Fargo, JPMorgan, and Bank of America highlight Meta’s resilience due to strong ad performance, ongoing AI monetization, and its competitive position against rivals. Despite a recent decline in stock value, expectations for revenue growth and effective cost management are leading to positive ratings from analysts, indicating confidence in Meta’s future performance.
Source: YAHOO