JP Morgan Maintains Overweight on Meta Platforms, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Overweight rating on Meta Platforms (NASDAQ:META) but has lowered the price target from $425 to $400.
October 04, 2023 | 10:59 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
JP Morgan maintains an Overweight rating on Meta Platforms but lowers the price target from $425 to $400.
The news is directly about Meta Platforms. While the Overweight rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the rating remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100