Meta Platforms (META) Is Considered a Good Investment by Brokers: Is That True?

From Nasdaq: 2024-04-09 09:30:08

Brokerage recommendations are crucial for investors. Meta Platforms has an ABR of 1.28, indicating a Strong Buy. However, research suggests these ratings may not always be reliable due to analysts’ positive bias. The Zacks Rank, based on earnings estimates, is a more accurate predictor of stock performance, providing a Buy rating for Meta Platforms based on increased consensus estimate of $20.01 for the current year. This tool offers a more balanced approach compared to brokerage recommendations. Download a special report from Zacks Investment Research for 5 dividend stocks to support your retirement planning.



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