Form 4 Meta Platforms, Inc. For: Feb 06 Filed by: Newstead Jennifer
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Meta Platforms Inc. (META) PT Raised to $575 at Tigress Financial Partners
February 9, 2024 10:48 AM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on Meta Platforms Inc. (NASDAQ: META) to $575.00 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 $575 following another strong quarter and year, along with an additional $50 billion share repurchase authorization and its first-ever dividend as it continues to benefit from ongoing AI-driven digital advertising strength and greater operating efficiency. META is well-positioned to benefit from ongoing innovation; increasing AI... More
