Truist Securities Maintains Buy on Meta Platforms, Raises Price Target to $550
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Youssef Squali maintains a Buy rating on Meta Platforms (META) and raises the price target from $525 to $550.
April 17, 2024 | 12:22 pm
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Truist Securities raises Meta Platforms' price target from $525 to $550, maintaining a Buy rating.
The increase in the price target by Truist Securities, accompanied by a maintained Buy rating, signals strong confidence in Meta Platforms' future performance. This endorsement from a reputable analyst is likely to positively influence investor sentiment and potentially drive up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100