Truist Securities Maintains Buy on Meta Platforms, Raises Price Target to $340
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Youssef Squali maintains a 'Buy' rating on Meta Platforms (NASDAQ:META) and raises the price target from $265 to $340.
July 19, 2023 | 2:01 pm
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Truist Securities maintains a 'Buy' rating on Meta Platforms and raises the price target from $265 to $340, indicating a positive outlook for the company.
The raised price target by Truist Securities indicates a positive outlook for Meta Platforms. This could potentially lead to an increase in the stock price in the short term as it signals the analyst's confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100