Why Meta Platforms Stock Popped Today
Meta Platforms (NASDAQ: META) stock jumped 6.6% through 1:15 p.m. ET Monday after Morgan Stanley analysts reassured investors about the company's prospects amid record investment in AI infrastructure.
Image source: The Motley Fool.
Meta disappointed investors last week, reporting only a $6.18 per share profit where analysts had expected $7.17 -- despite beating on revenue. Meta stock sold off after the report, so why is it bouncing back so quickly today?
Source Fool.com
Meta Platforms Inc. Stock
€513.00
6.290%
We see a rather positive sentiment for Meta Platforms Inc. with 11 Buy predictions and 1 Sell predictions.
As a result the target price of 645 € shows a positive potential of 25.73% compared to the current price of 513.0 € for Meta Platforms Inc..
