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).
September 04, 2024 | 10:16 am
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Needham analyst Laura Martin has reiterated an 'Underperform' rating on Meta Platforms, indicating potential concerns about the company's short-term performance.
The reiteration of an 'Underperform' rating by a reputable analyst suggests that there are ongoing concerns about Meta's short-term performance. This could lead to negative sentiment among investors, potentially impacting the stock price negatively in the short term.
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