RBC Capital Maintains Outperform on Meta Platforms, Raises Price Target to $400
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Brad Erickson has maintained an 'Outperform' rating on Meta Platforms (NASDAQ:META) and raised the price target from $330 to $400.
July 27, 2023 | 3:50 pm
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RBC Capital has maintained an 'Outperform' rating on Meta Platforms and raised the price target from $330 to $400, indicating a positive outlook for the company.
The 'Outperform' rating maintained by RBC Capital indicates that they expect Meta Platforms to outperform the general market. The increase in price target from $330 to $400 suggests that they believe the company's stock price will rise significantly in the short term. This is likely to have a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100