Cantor Fitzgerald Maintains Overweight on Meta Platforms, Raises Price Target to $670
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has maintained an Overweight rating on Meta Platforms and raised its price target from $660 to $670, indicating confidence in the company's future performance.
October 09, 2024 | 3:46 pm
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Cantor Fitzgerald has increased its price target for Meta Platforms from $660 to $670 while maintaining an Overweight rating, suggesting a positive outlook for the company's stock.
The increase in price target by Cantor Fitzgerald reflects a positive sentiment towards Meta Platforms' future performance. The Overweight rating suggests that the analyst expects the stock to outperform the market, which could lead to a short-term increase in stock price as investors react to the news.
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IMPORTANCE 80
RELEVANCE 100