Roth MKM keeps a Buy rating and $500 price target on Meta Platforms heading into the company’s Q1 results, though it is also “marginally cautious” on the stock following a 36% year-to-date run. The FY24 quarterly revenue cadence under tougher comps, incremental growth drivers, and impact from European regulations are big unresolved debates among investors, the analyst tells investors in a research note.
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