Professional
Added to YB: 2024-09-11
Pitch date: 2024-09-10
META [bullish]
Meta Platforms, Inc.
+27.8%
current return
Author Info
No bio for this author
Company Info
Meta Platforms, Inc. engages in the development of products that enable people to connect and share with friends and family through mobile devices, personal computers, virtual reality (VR) headsets, and AI glasses in the United States, Canada, Europe, Asia-Pacific, and internationally.
Market Cap
$1.6T
Pitch Price
$504.53
Price Target
600.00 (-7%)
Dividend
0.35%
EV/EBITDA
15.41
P/E
27.38
EV/Sales
8.11
Sector
Interactive Media and Services
Category
value
DA Davidson Rates Meta a Buy with a $600 Price Target
META: DA Davidson initiates Buy, $600 PT. Top mega-cap pick: future tech leadership + attractive valuation. Cheapest mega-cap ex-GOOGL. 16x P/E ex-Reality Labs. Risks: tough comps, Chinese sellers reliance, election cycle. Downside protected.
Read full article (1 min)