Meta (META) Rated Outperform at Baird as Firm Encourages Buying the Dip

Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Investors Are Watching. On December 23, Baird reiterated the stock as “Outperform” and cut its price target to $815 per share from $820. Despite the price target cut, Baird believes that investors should buy the dip. Analyst Colin Sebastian said that Meta has emerged as a controversial “battleground” stock following the release of its third-quarter earnings report. While near-term risks to sentiment still exist, expectations are now in better bala ...