Goldman Sachs Maintains Buy on Meta Platforms, Raises Price Target to $555
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Buy rating on Meta Platforms (NASDAQ:META) and raises the price target from $500 to $555.
April 15, 2024 | 2:27 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Goldman Sachs maintains a Buy rating on Meta Platforms and increases the price target to $555.
The upgrade in price target by a reputable analyst firm like Goldman Sachs typically signals a 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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100