6,572
edits
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* Buy, $700->$800: TD Cowen [https://thefly.com/landingPageNews.php?id=4155872&headline=META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why&utm_source=https://thefly.com/news.php%3fsymbol=META&utm_medium=referral&utm_campaign=referral_traffic expects] Meta to beat Q2 consensus estimates and projects revenue growth of 16% y/y, 2% above the expectations due to continued video monetization and engagement. | * Buy, $700->$800: TD Cowen [https://thefly.com/landingPageNews.php?id=4155872&headline=META-Meta-Platforms-price-target-raised-by--at-TD-Cowen-heres-why&utm_source=https://thefly.com/news.php%3fsymbol=META&utm_medium=referral&utm_campaign=referral_traffic expects] Meta to beat Q2 consensus estimates and projects revenue growth of 16% y/y, 2% above the expectations due to continued video monetization and engagement. | ||
* Stifel analyst Mark Kelley [https://uk.finance.yahoo.com/news/analysts-stay-bullish-meta-cautious-002416517.html expects] upside second-quarter figures and slightly better guidance. | |||
=== AI spending is a positive sign of revenue trajectory === | === AI spending is a positive sign of revenue trajectory === |