Piper Sandler Maintains Overweight on Meta Platforms, Lowers Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has maintained an Overweight rating on Meta Platforms (NASDAQ:META) but lowered the price target from $365 to $355.
October 26, 2023 | 4:37 pm
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Piper Sandler has maintained an Overweight rating on Meta Platforms but lowered the price target from $365 to $355.
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. This could potentially lead to short-term volatility in the stock price.
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