Down 28% In 3 Months, Will Facebook Stock Ever Recover? 1 Analyst Thinks So [The Motley Fool]
Meta Platforms, Inc. - Class A (FB)
Last meta platforms, inc. - class a earnings: 4/29 04:05 pm
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US:NASDAQ Investor Relations:
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Source: The Motley Fool
Shares of the social media titan collapsed after second-quarter earnings, but with Q3 just weeks away, Rosenblatt says it's time to buy. Every day, Wall Street analysts upgrade some stocks, downgrade others, and initiate coverage on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope... Decelerating revenue growth, shrinking margins, and surging expenses: Facebook's ( NASDAQ:FB ) Q2 earnings results were not for the faint of heart. Three months after that report lopped $120 billion off the social network's market cap, however, one analyst is stepping up to call Facebook stock a buy today. Here's what you need to know. Mark Zuckerberg. Image source: Facebook. Upgrading Facebook Facebook's last earnings report came out on July 25. Its next report will arrive after close of trading on Oct. 30. One analyst isn't waiting to hear the news, however,
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