Scotiabank Maintains Sector Perform on Meta Platforms, Lowers Price Target to $583
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nat Schindler maintains a Sector Perform rating on Meta Platforms but slightly lowers the price target from $585 to $583.
October 31, 2024 | 2:50 pm
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NEUTRAL IMPACT
Scotiabank has maintained its Sector Perform rating on Meta Platforms but has slightly reduced the price target from $585 to $583.
The slight reduction in the price target from $585 to $583 by Scotiabank suggests a minor adjustment in expectations for Meta Platforms. The Sector Perform rating indicates a neutral stance, suggesting that the stock is expected to perform in line with the sector. The impact on the stock price is likely neutral as the change in price target is minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100