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Meta Event Next Week Could Spark Stock Gains, Says Citi
Meta shares have added just 2% since the start of the year.Credit: David Paul Morris / Bloomberg / Getty ImagesKey TakeawaysCiti analysts said they believe Meta’s developers conference next week could spark some fresh enthusiasm for the stock.The analysts said they believe Meta could give significant updates on its AI strategy at the event. Meta’s upcoming developers conference could fuel some fresh enthusiasm for the stock, according to one Wall Street bull. Analysts at Citi said they view the Meta Connect event next week as a near-term catalyst for price gains in a note to clients…
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