RBC Capital Maintains Outperform on Meta Platforms, Raises Price Target to $565
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson has maintained an Outperform rating on Meta Platforms (NASDAQ:META) and increased the price target from $400 to $565.
February 02, 2024 | 4:48 pm
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RBC Capital has maintained an Outperform rating on Meta Platforms and raised the price target from $400 to $565.
The increase in the price target by RBC Capital suggests a strong confidence in Meta Platforms' future performance. This positive outlook from a reputable analyst firm could lead to increased investor confidence in META, potentially driving up its stock price in the short term.
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