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== January 2023 == | == January 2023 == | ||
=== Jefferies is bulish on Meta in 2023, SI=1%, I=8, Jan 9 === | |||
Jefferies analyst Brent Thill maintained price target of Meta at $155 and set the rating at outperform. His reasons are: | |||
(1) The stock is undervalued at 16 times the 2023 earnings estimates. | |||
(2) He believes the company will reduce its expenses by more than expected this year, citing that in 6 out of 7 years, Meta's cost have come in below the midpoint annual guidance. | |||
https://www.barrons.com/articles/meta-stock-alphabet-uber-tech-51673287543?siteid=yhoof2 | |||
=== Meta fined €390m by Irelands Data Protection Commission, SI=1%, I=7, Jan 4 === | === Meta fined €390m by Irelands Data Protection Commission, SI=1%, I=7, Jan 4 === |