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Truist ‘constructive’ on Meta Platforms, sees strong growth recovery in Q3

Truist ‘constructive’ on Meta Platforms, sees strong growth recovery in Q3

Truist keeps a Buy rating and $390 price target on Metal Platforms but notes that the firm remains constructive on the company based on its expectations for a strong growth recovery in Q3 and the prospects for sustained growth heading into Q4. The analyst adds that Truist is positive on Meta‘s solid showing of what is to come in terms of AI- powered experiences and hardware unveiled at Meta Connect last week.

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