Mizuho Maintains Buy on Meta Platforms, Raises Price Target to $470
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee has reaffirmed a Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $400 to $470, indicating a positive outlook on the company's stock.
January 11, 2024 | 4:42 pm
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Mizuho analyst James Lee has maintained a Buy rating on Meta Platforms and raised the price target to $470, suggesting a strong confidence in the company's future performance.
The increase in price target by Mizuho reflects a positive assessment of Meta Platforms' prospects, which is likely to be viewed favorably by investors and could lead to a short-term increase in the stock price. Analyst ratings and price target adjustments are significant factors that investors consider when making investment decisions.
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