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

Sarah Min@_sarahmin
WATCH LIVE
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.