Raymond James Maintains Strong Buy on Meta Platforms, Raises Price Target to $550
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Josh Beck has maintained a Strong Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $450 to $550.
February 02, 2024 | 2:04 pm
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Raymond James has reaffirmed a Strong Buy rating on Meta Platforms and raised the price target from $450 to $550.
The upgrade in the price target by a reputable analyst firm like Raymond James typically signals a strong bullish outlook on the stock, suggesting that the firm believes Meta Platforms has significant upside potential. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
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