Barclays Maintains Overweight on Meta Platforms, Lowers Price Target to $400
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Overweight rating on Meta Platforms (NASDAQ:META) but lowered the price target from $410 to $400.
October 26, 2023 | 11:51 am
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Barclays has maintained an Overweight rating on Meta Platforms but lowered the price target from $410 to $400.
The news is directly about Meta Platforms. Barclays' decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target may suggest a slightly less optimistic view on the company's short-term performance. This could potentially have a neutral impact on the stock's price in the short term.
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