Jefferies Maintains Buy on Meta Platforms, Raises Price Target to $585
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brent Thill maintains a Buy rating on Meta Platforms (NASDAQ:META) and raises the price target from $550 to $585.
April 04, 2024 | 4:35 pm
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Jefferies maintains a Buy rating on Meta Platforms and raises the price target from $550 to $585.
The increase in the price target by a reputable analyst firm like Jefferies is a strong positive signal for the stock. It suggests confidence in the company's future performance and growth prospects, likely leading to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100