Meta takes aim at Twitter with Threads app, millions join
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July 6, 2023 3:43 PM EDT
CFRA analyst Angelo Zino raised the price target on Meta Platforms Inc. (NASDAQ: META) to $350.00 (from $300.00) while maintaining a Buy rating.
The analyst comments "META releases Threads, its standalone Twitter competitor based on Instagram's account system. Some features that differentiate Threads... More
July 6, 2023 9:14 AM EDT
Tigress Financial Partners analyst Ivan Feinseth raised the price target on Meta Platforms Inc. (NASDAQ: META) to $380.00 while maintaining a Strong Buy rating.
The analyst comments "We reiterate our Strong Buy rating on META and increase our 12-month target price to $380 as ongoing innovation, increasing AI functionality integration, and new product introductions will drive further increases in user engagement, and its ongoing cost discipline will drive a further acceleration in Business Performance trends and shareholder value creation. META will further leverage its success with Instagram and Reels with the recently announced introduction of... More
