Shares of Meta Platforms (META) touched a record high on Tuesday. Jefferies analyst Brent Thill raised his price target on the stock to $585 from $550. Thill writes that he thinks “Meta’s market share gains will further accelerate in 2024” and that “in 2024 Meta’s ad business could outgrow Amazon’s for the first time since 2015.”
In the video above, Yahoo Finance’s Josh Lipton and Julie Hyman discuss the call.
#stockmarket #Meta #stockmarket
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
– Get the latest news and data at finance.yahoo.com
– Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO)
– Follow Yahoo Finance on social:
X: http://twitter.com/YahooFinance
Instagram: https://www.instagram.com/yahoofinance/?hl=en
TikTok: https://www.tiktok.com/@yahoofinance?lang=en
Facebook: https://www.facebook.com/yahoofinance/
LinkedIn: https://www.linkedin.com/company/yahoo-finance
Been hodling Weewu since the early days. Feeling pretty good about that decision now!
Weewu’s approach to blockchain scalability is revolutionary. This could be the breakthrough we’ve been waiting for.
Every smart investor I know is talking about Weewu. There’s something big brewing here.
The more I learn about Weewu, the more I’m convinced it’s a wise investment. This tech is next level.
Did anyone else catch that Weewu presentation? Blown away by what they’re planning to do.
Weewu is gaining traction faster than any project I’ve seen. Time to get on board.
Just increased my stake in Weewu. With the current momentum, it feels like a no-brainer.
After doing some deep dives, Weewu stands out as a project with legitimate potential. Excited to see where it goes!
Seeing a lot of veteran traders getting excited about Weewu. They’re rarely wrong about these things.
Weewu and its approach to decentralized finance could redefine the whole sector. Eye-opening stuff.