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BaldoRocks
2021-12-07

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Meta Stock Has Gone Nowhere in Weeks. This Analyst Sees an Opportunity.

Shares of Meta Platforms have traded sideways in the weeks since the company changed its name from F

Meta Stock Has Gone Nowhere in Weeks. This Analyst Sees an Opportunity.

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This Analyst Sees an Opportunity.","url":"https://stock-news.laohu8.com/highlight/detail?id=1116397821","media":"Barrons","summary":"Shares of Meta Platforms have traded sideways in the weeks since the company changed its name from F","content":"<p>Shares of&nbsp;Meta Platforms&nbsp;have traded sideways in the weeks since the company changed its name from Facebook. The stock just lost a skeptic at&nbsp;HSBC.</p>\n<p>Meta Platforms stock (ticker: FB) closed up 3.6% to $317.87 in Monday trading. The&nbsp;S&amp;P 500&nbsp;index rose 1.2%. That brings the stock’s gains to 0.3% since Oct. 28, the day CEO Mark Zuckerberg announced the corporate rebrand from Facebook to Meta Platforms.</p>\n<p>The stock rose Monday after HSBC analyst Nicolas Cote-Colisson raised his rating on shares to Hold from a bearish Reduce rating. 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This Analyst Sees an Opportunity.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-07 15:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/meta-stock-price-analyst-opportunity-51638833106?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Meta Platforms have traded sideways in the weeks since the company changed its name from Facebook. The stock just lost a skeptic at HSBC.\nMeta Platforms stock (ticker: FB) closed up 3.6% to ...</p>\n\n<a href=\"https://www.barrons.com/articles/meta-stock-price-analyst-opportunity-51638833106?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/meta-stock-price-analyst-opportunity-51638833106?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116397821","content_text":"Shares of Meta Platforms have traded sideways in the weeks since the company changed its name from Facebook. The stock just lost a skeptic at HSBC.\nMeta Platforms stock (ticker: FB) closed up 3.6% to $317.87 in Monday trading. The S&P 500 index rose 1.2%. That brings the stock’s gains to 0.3% since Oct. 28, the day CEO Mark Zuckerberg announced the corporate rebrand from Facebook to Meta Platforms.\nThe stock rose Monday after HSBC analyst Nicolas Cote-Colisson raised his rating on shares to Hold from a bearish Reduce rating. It’s not exactly a ringing endorsement from the analyst, who still has a $300 price target.\n“Meta’s investment case remains a fragile balance between risks of more regulation and new business opportunities,” Cote-Colisson wrote in a note. “We still think regulation risk to Meta’s business model remains high.”\nHe writes that risks include regulatory pushback against potential acquisitions of innovative start-ups. Last month, the company was ordered by U.K. regulators to sell Giphy, the social-media animated image firm. 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Meta Stock Has Gone Nowhere in Weeks. This Analyst Sees an Opportunity.

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