HSBC Upgrades Meta Platforms to Hold, Announces $285 Price Target
Portfolio Pulse from richadhand@benzinga.com
HSBC analyst Nicolas Cote-Colisson has upgraded Meta Platforms (NASDAQ:META) from Reduce to Hold and announced a price target of $285.
July 27, 2023 | 2:49 pm
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POSITIVE IMPACT
Meta Platforms has been upgraded from Reduce to Hold by HSBC with a new price target of $285.
The upgrade from HSBC indicates a more positive outlook for Meta Platforms. The new price target of $285 suggests that HSBC believes the stock has potential for growth. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100