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 05, 2024 | 2:27 pm
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Goldman Sachs maintains a Buy rating on Meta Platforms and raises the price target from $414 to $500.
The increase in price target by a reputable analyst like Goldman Sachs typically signals a strong bullish outlook on the stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100