RBC Capital Reiterates Outperform on Meta Platforms, Maintains $400 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has reiterated an 'Outperform' rating on Meta Platforms (NASDAQ:META) and maintained a $400 price target.
October 26, 2023 | 5:26 pm
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RBC Capital's reiteration of an 'Outperform' rating and a $400 price target on Meta Platforms could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. In this case, RBC Capital's reiteration of an 'Outperform' rating and a $400 price target for Meta Platforms could potentially boost investor confidence and positively impact the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100