Why Meta Platforms Stock Was Climbing Today
Shares of Meta Platforms (NASDAQ: META) were moving higher today after the social media giant got a bullish analyst note this morning from Jefferies. In addition, the rising tide in the market today, after Fed Chair Jerome Powell reassured investors about rate cuts yesterday, seemed to benefit Meta.
As a result, the stock was up 3% as of 11:22 a.m. ET, reaching an all-time high.
Image source: Getty Images.
Source Fool.com
Meta Platforms Inc. Stock
€429.00
2.510%
We see a rather positive sentiment for Meta Platforms Inc. with 10 Buy predictions and 2 Sell predictions.
As a result the target price of 500 € shows a slightly positive potential of 16.55% compared to the current price of 429.0 € for Meta Platforms Inc..
