Oppenheimer Maintains Outperform on Meta Platforms, Raises Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Meta Platforms (NASDAQ:META) and raises the price target from $385 to $525.
February 02, 2024 | 6:21 pm
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Oppenheimer analyst Jason Helfstein maintains an Outperform rating on Meta Platforms and raises the price target from $385 to $525.
The increase in the price target by a reputable analyst firm like Oppenheimer typically signals 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.
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