UBS says Meta could rally 28% from here as Instagram Reels monetization ramps up

Published Tue, Apr 5 20228:03 AM EDTUpdated Tue, Apr 5 20228:04 AM EDT

Woman holds smartphone with Meta logo in front of a displayed Facebook's new rebrand logo Meta in this illustration picture taken October 28, 2021.

Dado Ruvic | Reuters

An improvement to user engagement on Instagram Reels could drive Meta's stock price higher, according to UBS.

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