Needham drops its bearish view and moves to the sidelines on Meta Platforms

4 days ago 3
Facebook Covers Sign At Menlo Park Headquarters

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Needham on Thursday took a more neutral stance on social media and tech giant Meta Platforms (NASDAQ:META) and gave it a "hold" from its previously assigned "underperform" rating.

Analyst Laura Martin thinks the rating reflects Meta's slowing labor productivity improvement, driven

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