Meta Exemplifies Benefits Of Founder Leadership More Than Any Other Mega Cap Including Nvidia: Analyst

Quick Summary:

Luria noted Meta Platforms as a top pick within the mega-cap space, with a combination of emerging leadership in the most critical future technology platforms and an attractive relative valuation.

The analyst said Meta Platforms has skillfully positioned itself as the open source leader for major technology platforms: AI Foundation Compute and Spatial Compute.

DA Davidson analyst Gil Luria initiated coverage on Meta Platforms Inc (NASDAQ:META) with a Buy rating and a price target of $600.

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Author / Journalist: Anusuya Lahiri

Category: Technology

Markets: United States

Topics: Stories That Matter US67066G1040 US38259P7069 GOOGL Trading Ideas NVDA Benzinga MSFT AMZN Expert Ideas Tech Top Stories META Price Target US5949181045 News GOOG Analyst Ratings AAPL Stock Battles US0378331005 Initiation BZ Data Project Briefs US0231351067 US38259P5089

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 18:46:51 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 22451928

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