Meta's Growth Sizzles, But Wait For A Pullback Before Buying In

Needham upgraded Meta Platforms, Inc. (NASDAQ:META) from Underperform to Hold on Thursday, but the analyst maintained a cautious stance on the stock as it trades near all-time highs. 

What To Know: Needham analyst Laura Martin said the upgrade was based on the firm's improved expectations for revenue and margins in 2025, driven by Meta's exceptional labor productivity. 

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What’s Driving Meta’s Growth?

In fact, Meta ranked first among large-cap peers in free cash flow per employee for 2024, according to Needham's checks. The performance is attributed to META's globally scaled, software-centric business model ...