From Financial Modeling Prep: 2025-01-09 09:41:00

China Merchants Securities analysts initiated coverage on Meta Platforms (NASDAQ:META) with a Buy rating and a $721 price target, citing the company’s dominant position in the global social media market. Meta’s innovative platforms like Threads and WhatsApp are driving robust growth, with advertising revenue benefiting from AI-driven enhancements. Trading at 18 times fiscal 2025 estimated price-to-earnings, Meta offers an attractive valuation with significant growth potential.



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