Why Meta Platforms Rallied Over 5% Today
Shares of Facebook, Instagram, WhatsApp and Threads parent Meta Platforms (NASDAQ: META) rallied 5.7% on Thursday, as of 3:55 p.m. EDT.
Although one of the Magnificent Seven stocks, Meta's performance over the past year has not been so magnificent, with the stock just about flat and trailing all of its Mag Seven peers over that time.
However, one Wall Street analyst thinks better times are ahead, maintaining his bullish stance and keeping his optimistic price target on the stock in a new note today.
Source Fool.com
Meta Platforms Inc. Stock
€538.70
-1.500%
With 9 Buy predictions and only 2 Sell predictions the community sentiment for the stock is positive.
With a target price of 652 € there is a positive potential of 21.03% for Meta Platforms Inc. compared to the current price of 538.7 €.
