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.

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Source Fool.com