Baird Maintains Outperform on Meta Platforms, Raises Price Target to $605
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian maintains an Outperform rating on Meta Platforms and raises the price target from $530 to $605.
September 26, 2024 | 11:21 am
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Baird analyst Colin Sebastian has maintained an Outperform rating on Meta Platforms and increased the price target from $530 to $605, indicating a positive outlook.
The increase in price target from $530 to $605 by Baird suggests a strong positive outlook for Meta Platforms. The Outperform rating indicates that the analyst expects the stock to perform better than the market average, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100