B of A Securities Maintains Buy on Meta Platforms, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Buy rating on Meta Platforms and raised the price target from $563 to $630, indicating confidence in the company's future performance.
September 26, 2024 | 3:58 pm
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B of A Securities has increased its price target for Meta Platforms from $563 to $630, maintaining a Buy rating. This suggests a positive outlook on Meta's future performance.
The increase in price target from $563 to $630 by B of A Securities, along with the maintained Buy rating, indicates a strong positive sentiment towards Meta's future performance. This is likely to boost investor confidence and could lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100