Following press reports that said Meta (META) and BuzzFeed ( BZFD ) have expanded their longstanding partnership to drive more creators to Meta's platform, BofA analyst Brent Navon said "this does not appear to be a new deal." The contract terms the press reported as "valued at close to $10 million" likely represents the entire relationship versus incremental business, said the firm, which continues to view BuzzFeed as a "show me" story at this stage and maintains an Underperform rating and $2 price target on the shares.