JMP Securities Maintains Market Outperform on Meta Platforms, Raises Price Target to $300
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone maintains a Market Outperform rating on Meta Platforms (NASDAQ:META) and raises the price target from $270 to $300.
June 05, 2023 | 10:52 am
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POSITIVE IMPACT
JMP Securities maintains a Market Outperform rating on Meta Platforms and raises the price target from $270 to $300.
The news of JMP Securities maintaining a Market Outperform rating and raising the price target for Meta Platforms is positive for the stock. This indicates that the analyst believes the stock will outperform the market and has increased confidence in its future performance. This is likely to have a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100