JMP Securities Maintains Market Outperform on Meta Platforms, Raises Price Target to $500
Portfolio Pulse from Benzinga Newsdesk
JMP Securities analyst Andrew Boone has maintained a Market Outperform rating on Meta Platforms (NASDAQ:META) and increased the price target from $410 to $500.
February 02, 2024 | 5:53 pm
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POSITIVE IMPACT
JMP Securities has raised the price target for Meta Platforms from $410 to $500, maintaining a Market Outperform rating.
The increase in price target by JMP Securities is a strong positive signal for Meta Platforms, suggesting confidence in the company's future performance and growth potential. This analyst endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100