Why Meta Platforms Stock Was Climbing Today
Shares of Meta Platforms (NASDAQ: META) were moving higher today on a bullish note from an analyst and in response to a cooler-than-expected inflation report, which lifted stocks broadly.
As of 11:03 a.m. ET on Wednesday, Meta stock was up 3%.
Deutsche Bank analyst Benjamin Black raised his price target on Meta from $290 to $350 this morning and maintained a buy rating on the stock.
Source Fool.com
Meta Platforms Inc. Stock
€542.80
3.230%
With 8 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
On the other hand, the target price of 540 € is below the current price of 542.8 € for Meta Platforms Inc., so the potential is actually -0.52%.
