Meta has more Wall Street fans than ever as rally nears 300%


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For Meta Platforms Inc. bulls, the biggest one-day stock wipeout in history is a fading sight in the rear-view mirror. Meta's share price was up almost 2% in trading on Tuesday. Most Read from Bloomberg The Facebook owner’s shares have nearly quadrupled since a low in November last year, which came after a $251 billion crash in February. By one measure, analysts have never been more confident that further gains are ahead. Of the 70 analysts tracked by Bloomberg that cover the social media giant, 62 have buy-equivalent ratings on the stock. That’s the highest number since the firm’s initial...