What's Going On With Meta Stock Today?
Portfolio Pulse from Ryan Gustafson
Meta Platforms, Inc. (NASDAQ:META) shares are trading higher ahead of its Q2 earnings report due in 8 days. The EPS is estimated at $2.90 and revenue at $31.06 billion. Goldman Sachs analyst Eric Sheridan has maintained a 'Buy' rating for Meta and raised the price target from $300 to $335. The stock has rallied 43.33% over the past three months and 86.74% since the start of the year.

July 18, 2023 | 6:40 pm
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POSITIVE IMPACT
Meta Platforms' stock is trading higher ahead of its Q2 earnings report. The stock has seen significant growth recently, and Goldman Sachs has maintained a 'Buy' rating and raised the price target.
The news is directly related to Meta Platforms and is likely to have a positive impact on its stock. The upcoming earnings report, the positive rating from Goldman Sachs, and the recent rally in the stock price all contribute to this potential impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100