Wall Street banks raise Meta price targets to as high as $920
In late September 2024, three major Wall Street banks—JPMorgan, Cantor Fitzgerald, and Wells Fargo—raised their price targets for Meta Platforms Inc. JPMorgan set a target of $920, Cantor Fitzgerald $860, and Wells Fargo $796. The upgrades reflect bullish outlooks on the social media and technology company’s stock, though specific rationales were not detailed in the reports.
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JPMorgan Raises Meta Price Target to $920 From $820 on September 24
On September 24, financial news outlet Cailianshe reported that JPMorgan has raised its price target for Meta Platforms Inc. from $820 to $920. The upgrade reflects the bank's updated outlook on the social media and technology company's stock. The report does not specify the reasons behind the target increase or provide additional context such as earnings estimates or market conditions. This analyst action represents a bullish signal from a major Wall Street investment bank regarding Meta's future share price performance.
Read sourceJPMorgan Raises Meta Price Target to $920 From $820
JPMorgan has raised its price target for Meta Platforms from $820 to $920, according to a report from stockstar_stock_live. The upgrade reflects the bank's updated outlook on the company's stock value. No further details or conditions were provided in the brief announcement.
Read sourceCantor Fitzgerald Raises Meta Price Target to $860 From $680
On September 23, financial services firm Cantor Fitzgerald raised its price target for Meta Platforms (formerly Facebook) from $680 to $860 per share, according to a report from Chinese financial news outlet Cailianshe. The upgrade reflects Cantor's bullish outlook on the social media and technology company's stock performance. No specific reasons for the target increase were provided in the brief item. The new target represents a significant upward revision of approximately 26.5% from the previous target.
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Wells Fargo Raises META Stock Price Target to $796 from $640
On September 21, financial news outlet Cailianshe reported that Wells Fargo has raised its price target for META (Meta Platforms Inc.) stock from $640 to $796. The upgrade reflects the bank's updated outlook on the company's valuation. The report is attributed to Wells Fargo's analysis and does not specify a time frame for the target. This forecast represents a significant increase of $156 per share from the previous target.
Read sourceWells Fargo Raises Meta Platforms Price Target to $796 From $640
Wells Fargo, a major US bank, has raised its price target for Meta Platforms (META.O) from $640 to $796. The upgrade was reported by financial data provider Jin10. The new target represents a significant increase of $156, or approximately 24.4%, from the previous target. This analyst action reflects a positive outlook on Meta's stock performance, though the specific rationale behind the upgrade was not detailed in the brief report. The forecast is attributed to Wells Fargo and is not a statement of fact about Meta's future performance.