BMO Capital Maintains Market Perform on Meta Platforms, Raises Price Target to $525
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains a Market Perform rating on Meta Platforms and raises the price target from $475 to $525.
October 09, 2024 | 1:56 pm
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BMO Capital has increased its price target for Meta Platforms from $475 to $525, maintaining a Market Perform rating. This suggests a positive outlook on Meta's stock performance.
The increase in price target from $475 to $525 by BMO Capital indicates a positive sentiment towards Meta's future performance. Although the rating remains Market Perform, the higher price target suggests potential upside, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100