Meta shares are trading higher after Citigroup raised its price target on the stock from $315 to $360.
Portfolio Pulse from Benzinga Newsdesk
Citigroup has raised its price target on Meta's stock from $315 to $360, leading to a rise in Meta's share prices.
June 27, 2023 | 7:27 pm
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POSITIVE IMPACT
Citigroup's raised price target on Meta's stock has led to an increase in the company's share prices.
The increase in Meta's price target by Citigroup indicates a positive outlook for the company's stock, which has led to an increase in the share prices. Investors often react positively to such upgrades, which can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100