Baird Maintains Outperform on Meta Platforms, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Colin Sebastian has maintained an 'Outperform' rating on Meta Platforms and raised the price target from $605 to $630.
October 31, 2024 | 12:22 pm
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Baird analyst Colin Sebastian has maintained an 'Outperform' rating on Meta Platforms and increased the price target from $605 to $630, indicating positive expectations for the stock.
The increase in price target from $605 to $630 by Baird suggests a positive outlook on Meta's future performance. The 'Outperform' rating indicates that the analyst expects Meta to perform better than the market average, which is likely to boost investor confidence and potentially lead to a short-term increase in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100