Why Meta Platforms Stock Was Moving Higher Today
Shares of Meta Platforms (NASDAQ: META) were gaining today. The social media giant seemed to benefit from expected legislation against TikTok and launched the newest version of its Llama large language model (LLM), updating its Meta AI assistant as well.
As of 1:24 p.m. ET, the stock was up 2% on the news after climbing as much as 3.7% earlier in the session.
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..