Needham Reiterates Underperform on Meta Platforms
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Laura Martin has reiterated an 'Underperform' rating on Meta Platforms (NASDAQ:META).
August 04, 2023 | 11:13 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Needham analyst Laura Martin has reiterated an 'Underperform' rating on Meta Platforms, which could negatively impact the company's stock in the short term.
Analyst ratings often influence investor sentiment and can impact a company's stock price. An 'Underperform' rating suggests that the analyst believes the company's stock will do worse than the market average. This could lead to a decrease in Meta Platforms' stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100