(CercleFinance.com) – Mizuho Securities renews its ‘buy’ rating on the Meta Platforms stock, with a price target of 325 dollars, while Sheryl Sandberg, Meta’s chief operating officer, announced on Facebook her decision to leave the company after 14 years. She will nevertheless remain a member of the company’s board of directors.
It is expected that Javier Olivan, until now director of growth of the group, will succeed him, indicates the office of analyzes Mizuho Securities.
The broker indicates that this choice should allow a smooth transition, even if the experience of Sheryl Sandberg ‘will be difficult to replace’.
Meta stock is currently gaining nearly 3% on the Nasdaq.
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