Snap (SNAP), Meta (META) gain as House orders sale or ban of TikTok
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Evercore ISI Believes Meta Platforms Inc. (META) is Down Due to High Expectations into the Print
April 24, 2024 4:51 PM EDTEvercore ISI analyst Mark Mahaney reiterated an Outperform rating and $550.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Quick Look At Q1 Results: META printed a Beat & Bracket quarter, with Revenue up 27% Y/Y (both reported basis and ex-FX), 1% above the Street, Op Income (implying 37.9% margin) 4% above the Street, and EPS at... More
Mizuho: Top Pick Meta Platforms (META) ad-tracking solid with conservative expectations
April 22, 2024 12:01 PM EDTMizuho remains bullish on Meta Platforms (NASDAQ: META) heading into its upcoming earnings report, citing positive agency tracking for the first quarter of 2024, conservative expectations for the second quarter, and the potential for further operating leverage through increased efficiency.
The report highlights positive... More
Snap (SNAP), Meta (META) gain as House orders sale or ban of TikTok
April 22, 2024 8:09 AM EDTSnap (NYSE: SNAP) gained 2.4% in pre-open trading Monday after the House passed a bill requiring the sale or ban of TikTok.
The TikTok measure was included in the Ukraine and Israel aid packages that passed the House this weekend. The Senate and... More