Meta Platforms Receives Multiple Upgrades and Positive Outlook from Analysts.
TL;DR Summary
Meta Platforms Inc.'s stock receives another upgrade from KeyBanc Capital Markets analyst Justin Patterson, who praises the company's cost-cutting measures and advertising outlook. The upgrade comes after Meta announced plans to cut 10,000 more jobs. Patterson also upgraded shares of DoubleVerify Holdings Inc. and is bullish on five of the nine platform and ad-tech stocks in his coverage.
Topics:business#ad-tech-stocks#advertising-outlook#cost-cuts#finance#meta-platforms-inc#stock-upgrade
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