Meta: Potential TikTok Ban Is A Major Catalyst; Upgrade To 'Strong Buy'
Portfolio Pulse from
Meta has been upgraded to 'Strong Buy' with a fair value of $699 per share, driven by the potential TikTok ban and the advanced Llama 3.3 AI model. A TikTok ban could boost Meta's user growth by over 2.5%, while the Llama 3.3 model enhances its AI capabilities.
December 09, 2024 | 2:30 am
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Meta has been upgraded to 'Strong Buy' with a fair value of $699 per share. The potential TikTok ban could shift users to Meta's platforms, boosting user growth by over 2.5%. Additionally, Meta's Llama 3.3 AI model strengthens its position in AI and social media markets.
The potential TikTok ban is a significant catalyst for Meta, as it could lead to a substantial increase in user growth. The advanced Llama 3.3 AI model further strengthens Meta's competitive edge in AI and social media, justifying the 'Strong Buy' upgrade and the $699 fair value target.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100