What's Going On With Meta Stock Ahead Of Meta Connect 2023 Event?
Portfolio Pulse from Erica Kollmann
Meta Platforms, Inc. (NASDAQ:META) shares are trading higher ahead of the company's Meta Connect 2023 event. The event, focused on AI and virtual, mixed and augmented realities, will be hosted by CEO Mark Zuckerberg. Citigroup analyst Ronald Josey reiterated a Buy rating for Meta with a $385 price target. The stock has gained over 6% in the last month and over 100% in the last year.

September 22, 2023 | 4:55 pm
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Meta Platforms' stock is trading higher ahead of the Meta Connect 2023 event. The stock has gained over 6% in the last month and over 100% in the last year. Citigroup analyst maintains a Buy rating with a $385 price target.
The upcoming Meta Connect 2023 event, which will focus on AI and virtual, mixed and augmented realities, is generating positive buzz for Meta Platforms. This, coupled with the Buy rating and $385 price target from Citigroup analyst Ronald Josey, is likely contributing to the stock's upward momentum.
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