China Renaissance Upgrades Meta Platforms to Buy, Announces $380 Price Target
Portfolio Pulse from richadhand@benzinga.com
China Renaissance analyst Ella Ji has upgraded Meta Platforms (NASDAQ:META) from Hold to Buy and set a price target of $380.
July 28, 2023 | 11:20 am
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Meta Platforms has been upgraded to Buy from Hold by China Renaissance, with a new price target of $380.
The upgrade from Hold to Buy indicates a positive outlook for Meta Platforms. The new price target of $380 suggests that the analyst sees significant upside potential for the stock. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
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