Oppenheimer Reiterates Perform Rating on Meta Platforms (META) Stock

Meta Platforms, Inc. (NASDAQ:META) is one of the Top Wide Moat Stocks to Buy for Long Term Growth. On March 19, Oppenheimer analyst Jason Helfstein reiterated a “Perform” rating on the company’s stock. This is because of the delay in the launch of LLM and the rumored reduction in the headcount by 20%. These moves indicate that the company is in defensive mode. Oppenheimer Reiterates Perform Rating on Meta Platforms (META) Stock The firm believes there are 2 possible scenarios. First, there can be increas ...