Goldman Sachs Maintains Buy on Meta Platforms, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Meta Platforms (NASDAQ:META) and increased the price target from $414 to $500.
February 02, 2024 | 3:35 pm
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Goldman Sachs maintains a Buy rating on Meta Platforms and raises the price target to $500.
The upgrade in the price target by a reputable analyst like Goldman Sachs typically signals a strong confidence in the company's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100