Piper Sandler Maintains Overweight on Meta Platforms, Raises Price Target to $650
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion maintains an Overweight rating on Meta Platforms and raises the price target from $575 to $650.
October 31, 2024 | 1:04 pm
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POSITIVE IMPACT
Piper Sandler has increased its price target for Meta Platforms from $575 to $650, maintaining an Overweight rating. This suggests a positive outlook for Meta's stock.
The increase in price target from $575 to $650 by Piper Sandler indicates a strong positive sentiment towards Meta's future performance. Maintaining an Overweight rating suggests that the analyst expects Meta to outperform the market, which is likely to positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100