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Posted by
Two Blokes Apr 22 -
Filed in
Stock
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2 views
Meta stock is currently hovering near oversold territory and $483 per share. We're reiterating a buy rating for longer term investors. Meta is facing a lot of headache from the FTC case and the impact of tariffs with China, U.S. ad spend making up an estimated 10% of revenues. Our belief is that FTC won't yield painful breakup kind of results for Meta and that tariffs will have an impact but not as bad as the market fears.
