Check Out What Whales Are Doing With META
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Meta Platforms (NASDAQ:META), with 52% of detected trades having bearish expectations. Whales have been targeting a price range of $140 to $600 for Meta Platforms over the last 3 months. Analysts from JMP Securities, Loop Capital, and Oppenheimer maintain positive ratings with price targets of $300, $320, and $350, respectively.
June 06, 2023 | 2:46 pm
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NEUTRAL IMPACT
Whale investor has a bearish stance on Meta Platforms, but analysts maintain positive ratings with price targets of $300, $320, and $350.
The whale investor's bearish stance on Meta Platforms may create short-term downward pressure on the stock. However, positive ratings and price targets from analysts at JMP Securities, Loop Capital, and Oppenheimer suggest a more optimistic outlook in the medium to long term. The mixed sentiment results in a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100