Wells Fargo Maintains Overweight on Meta Platforms, Lowers Price Target to $372
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Overweight rating on Meta Platforms (NASDAQ:META) but lowered the price target from $389 to $372.

October 09, 2023 | 10:29 am
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Wells Fargo has maintained an Overweight rating on Meta Platforms but lowered the price target from $389 to $372.
The news is directly related to Meta Platforms. While the Overweight rating indicates a positive outlook, the lowering of the price target might create some uncertainty among investors. However, as the rating remains positive, the overall impact on the stock price is expected to be neutral in the short term.
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