META Stock Gets Underperform Rating as Wall Street is Divided
The year started with a lot of hope for the tech sector. Yet, as its first month comes to a close, there doesn’t appear to be a consensus on some of the biggest companies in the world. Among them is META; as the stock has recently gotten an underperform rating, Wall Street appears divided on the company. There are those who have the massive belief that the social media firm will flourish this year. However, they have been balanced out by those who believe that META will underperform relative to the market this year. The question is, who stands on which side? Moreover, which is more likely to be correct when we come to the end of the next twelve months? Source: CNBC Also Read: META Drops Fact-Checking: What Trump Alightment Means for The Stock META Gets an Underperform Rating, But Is That Consensus? Entering the year, there was a lot of excitement from META investors. The company was set to launch its newly announced Orion glasses and capitalize on the augmented reality technology ...