Kerrisdale
2023-10-26

$Meta Platforms, Inc.(META)$ the trend is upward since end of January23, though this may turn reversal and drop depending on market sentiments. The rebound from current level is still leveraging on good old fashioned digital advertising revenue. 3rd quarter income and revenue came in on top of analysts' expectations, amidst slow growth in new found AI. A modest rise is expected.

PT for Meta after roller coaster ride?
Meta reports strong recovery in the Q3 earnings report. But the stock initially surged by 5% after hours but then dropped an additional 3 points due to flat Q4 guidance and concerns about macroeconomic conditions, including the Israeli-Palestinian conflict. -------------------- Are you bullish or bearish on Meta after its mixed earnings? What's your target price for Meta?
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