Assessing Meta Platforms: Insights From 39 Financial Analysts
Portfolio Pulse from Benzinga Insights
Over the past three months, 39 analysts have evaluated Meta Platforms (NASDAQ:META), with a mix of bullish and bearish opinions. The average 12-month price target is $537.56, with a high of $610.00 and a low of $360.00. Recent sentiment has turned slightly negative, with a 1.75% decrease in the average price target. Analysts have adjusted their ratings and price targets, reflecting their responses to Meta's market performance and financial health.
July 03, 2024 | 1:01 pm
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Meta Platforms (NASDAQ:META) has received mixed ratings from 39 analysts over the past three months. The average 12-month price target is $537.56, with a high of $610.00 and a low of $360.00. Recent sentiment has turned slightly negative, with a 1.75% decrease in the average price target.
The mixed ratings and slight decrease in the average price target indicate a cautious sentiment among analysts. While some analysts have raised their price targets, others have lowered them, reflecting uncertainty about Meta's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100