Erste Group upgraded Meta Platforms (META) to Buy from Hold. The firm cites the stock’s “historically low” valuation and Meta’s continued solid user and profit growth for the upgrade.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Meta Platforms downgraded to Neutral from Buy at Arete
- Big Tech Signs Landmark AI Energy Pledge – Here’s Why It Matters for Investors
- AMD Stock Jumps on Meta Partnership & Strong AI Chip Sales
- Broadcom sees Q2 AI chip revenue $10.7B
- News Corp., Meta sign AI content licensing deal worth up to $50M/year, WSJ says
