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Benzinga
Benzinga
Business
Erica Kollmann

Meta's Growth Sizzles, But Wait For A Pullback Before Buying In

Needham Laura Martin Meta United States
Menlo,Park,,Usa,,May,5,,2023:,Meta,Corporation,Headquarters,Glass

Needham upgraded Meta Platforms, Inc. (NASDAQ:META) from Underperform to Hold on Thursday, but the analyst maintained a cautious stance on the stock as it trades near all-time highs. 

What To Know: Needham analyst Laura Martin said the upgrade was based on the firm's improved expectations for revenue and margins in 2025, driven by Meta's exceptional labor productivity. 

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