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Meta Platforms:Quarterly Results/2024 Q1: Difference between revisions
Meta Platforms:Quarterly Results/2024 Q1 (view source)
Revision as of 14:11, 22 April 2024
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* Buy, $535: Thanks to WhatsApp and Instagram, Meta owns three of the five apps that recorded the most downloads worldwide, Mark Schmulik of Bernstein wrote<ref>https://www.finanzen.net/analyse/meta_platforms_ex_facebook_outperform-bernstein_research_948167</ref>. | * Buy, $535: Thanks to WhatsApp and Instagram, Meta owns three of the five apps that recorded the most downloads worldwide, Mark Schmulik of Bernstein wrote<ref>https://www.finanzen.net/analyse/meta_platforms_ex_facebook_outperform-bernstein_research_948167</ref>. | ||
=== No much more upside in the share price === | |||
* Buy, $550: According to Evercore's Mark Mahaney, there isn't a lot left for investors to stick around when it comes to Meta. However, long-term new growth drivers such as WhatsApp monetization, Facebook Marketplace and maybe Virtual Reality are some things to stick around with. He praised Meta's decision to revamp its targetted ads with generative AI<ref>https://www.youtube.com/watch?v=ehpBbabw5wM</ref>. | |||
== References == | == References == | ||