Pivotal Research's Jeffrey Wlodarczak has affirmed a 'Buy' rating for Meta Platforms based on its strong fourth-quarter financial performance, with surpassed revenue expectations and increased daily active users. Wlodarczak underlines Meta’s robust ad revenue driven by higher ad rates alongside the potential of its AI innovations through the Llama model. This strategic focus is expected to enhance customer engagement while cutting costs. A positive outlook is further supported by anticipated reductions in losses from Reality Labs, justifying analysts' confidence in the stock's long-term performance.
Pivotal Research analyst Jeffrey Wlodarczak has reiterated a bullish 'Buy' rating on Meta Platforms, citing impressive fourth-quarter results and strong ad revenue growth.
Wlodarczak emphasized Meta's potential in leveraging AI innovations, expecting the open-source Llama AI model to significantly enhance efficiency and customer engagement.
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