Wells Fargo Upgrades Meta Platforms to Overweight, Raises Price Target to $389
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Ken Gawrelski has upgraded Meta Platforms (NASDAQ:META) from Equal-Weight to Overweight and raised the price target from $313 to $389.
July 27, 2023 | 10:39 am
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Meta Platforms has been upgraded to Overweight from Equal-Weight by Wells Fargo, with a raised price target of $389, up from $313.
The upgrade from Wells Fargo indicates a positive outlook for Meta Platforms. The raised price target suggests that the analyst believes the stock has significant upside potential. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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