Truist Securities Maintains Buy on Meta Platforms, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Meta Platforms and increased the price target from $570 to $650, indicating confidence in the company's future performance.
October 10, 2024 | 1:23 pm
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Truist Securities has reaffirmed its Buy rating on Meta Platforms and raised the price target from $570 to $650, suggesting a positive outlook for the company's stock.
The increase in the price target from $570 to $650 by Truist Securities reflects a strong positive sentiment towards Meta Platforms' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100