-
Why Meta stock looks increasingly bullish after a brutal 2022: Analyst
For Meta (META) this year, the road ahead will focus on better execution with fewer employees, and maybe a higher stock price, argues RBC analyst Brad Erickson. “We think they are making improvements in terms of targeting and measurement, and we think that is translating into incremental dollar growth and advertising,” Erickson said on Yahoo Finance Live (video above). Meta is Erickson’s top pick from his sector coverage for 2023. The bullish call comes after a brutally challenging year for Meta as the economic slowdown weighed on corporate advertising spending. CEO of Facebook Mark Zuckerberg walks to lunch following a session at the Allen & Company Sun Valley Conference on…

/cloudfront-us-east-2.images.arcpublishing.com/reuters/RLGRA6NK3RPOBN27JFZQVKPIQE.jpg)