Barclays Maintains Overweight on Meta Platforms, Raises Price Target to $630
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Ross Sandler has maintained an Overweight rating on Meta Platforms and raised the price target from $550 to $630.
October 31, 2024 | 3:03 pm
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POSITIVE IMPACT
Barclays has maintained an Overweight rating on Meta Platforms and increased the price target from $550 to $630, indicating a positive outlook.
The increase in price target from $550 to $630 by Barclays suggests a strong positive outlook for Meta Platforms. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive impact on the stock price in the short term as investors may view this as a signal to buy or hold the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100