CORRECTION: Wells Fargo Initiates Coverage On Meta Platforms with Equal-Weight Rating, Announces Price Target of $276 - Analyst Name Updated
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski initiates coverage on Meta Platforms (NASDAQ:META) with an Equal-Weight rating and a price target of $276.
June 08, 2023 | 5:26 pm
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Wells Fargo initiates coverage on Meta Platforms with an Equal-Weight rating and a price target of $276.
Wells Fargo's initiation of coverage on Meta Platforms with an Equal-Weight rating suggests a neutral outlook for the stock in the short term. The price target of $276 indicates the analyst's expectation for the stock's future performance. This news is directly related to Meta Platforms and is important for investors, but the neutral rating suggests no significant short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100