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Meta Platforms revenue and earnings growth to 'meaningfully outperform' claims Lightshed Partners
January 31, 2023 10:58 AM ESTLightshed Partners started Meta Platforms (NASDAQ: META) at Buy with a $200 per share price target on Tuesday.
Analyst Richard Greenfield said in his research piece that the firm formerly stayed on the sidelines, but now they believe that revenue and earnings growth are set to meaningfully outperform investor expectations in 2024 and 2025.
Greenfield pointed to factors such as Reels engagement, ad-targeting, CEO Zuckerberg's investor awareness, and its metaverse as positives for the stock.
"Meta's substantial investment in... More
