Raymond James Maintains Strong Buy on Meta Platforms, Raises Price Target to $450
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Josh Beck has reaffirmed a Strong Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $425 to $450, indicating a positive outlook on the company's stock.
January 24, 2024 | 8:32 pm
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Meta Platforms' stock rating has been maintained as a Strong Buy by Raymond James, with an increased price target from $425 to $450, suggesting confidence in the company's future performance.
The increase in price target by a reputable analyst firm like Raymond James typically signals a bullish outlook on the stock, which can positively influence investor sentiment and potentially lead to a short-term increase in the stock price.
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