Oppenheimer Maintains Outperform on Meta Platforms, Raises Price Target to $585
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jason Helfstein has maintained an Outperform rating on Meta Platforms (NASDAQ:META) and increased the price target from $525 to $585.
April 08, 2024 | 5:04 pm
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Oppenheimer analyst Jason Helfstein reaffirmed an Outperform rating on Meta Platforms and raised the price target from $525 to $585.
The increase in the price target by a reputable analyst suggests a positive outlook on Meta Platforms' future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100