Meta Platforms Inc (NASDAQ: META) stock closed at $441.38 on 4/25/24 after a major decline of -10.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 506% of normal. The stock has declined -10.7% during the last week but has been exceptionally strong relative to the market over the last nine months.
Current PriceTarget Research Rating
META is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Meta Platforms has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Meta Platforms has a neutral Appreciation Score of 46 but a very high Power Rating of 98, with the Highest Value Trend Rating the result.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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