|Bid||6.56 x 1800|
|Ask||6.57 x 1100|
|Day's range||6.35 - 6.57|
|52-week range||5.20 - 11.54|
|Beta (5Y monthly)||0.95|
|PE ratio (TTM)||5.20|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||27 Apr 2023|
|1y target est||N/A|
Shares of the company behind China's Momo app fell despite its return to revenue growth in Q2. Here's what investors need to know.
Here is your daily Pro Recap of the biggest analyst picks you may have missed since yesterday: a pair of upgrades for Meta after its huge Q1, as well as new buy ratings for Momo, 2U, and Masco. Two Wall Street firms upgraded Meta Platforms (NASDAQ:META) following the company’s reported better-than-expected Q1 results and revenue guidance, which resulted in share price surging nearly 14% yesterday. CFRA upgraded the company to Buy from Hold and raised its price target to $268.00 from $200.00, noting it sees further operating margin improvement from additional employee cuts (only 11,000 of 20,000 reflected in Q1) while favorable comps/forex and stable ad spend will allow revenue to outstrip costs.
Hello Group and Walker & Dunlop are part of the Zacks Bull and Bear of the Day article.