Truist analyst Youssef Squali raised the firm’s price target on Meta Platforms (META) to $900 from $880 and keeps a Buy rating on the shares. The firm remains constructive on the company heading into earnings and expects results to be in line to slightly ahead of the 22% Y/Y revenue growth estimated, reflecting strong user engagement and improving monetization from better ranking and recommendations, the analyst tells investors in a research note.
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