I=6
Outperform, $900: Citizens Financial said Meta’s global usage time increased by about 17% YoY for the past seven months, including 17% YoY in February, while U.S. time spent rose by around 13% YoY. This compares with much slower MAU growth (Global +6% YoY, U.S. +2% YoY), suggesting existing users are spending more time on the platforms.