Why Meta Platforms Stock Was Climbing Today
Shares of Meta Platforms (NASDAQ: META) were moving higher today after the social media giant got a bullish analyst note this morning from Jefferies. In addition, the rising tide in the market today, after Fed Chair Jerome Powell reassured investors about rate cuts yesterday, seemed to benefit Meta.
As a result, the stock was up 3% as of 11:22 a.m. ET, reaching an all-time high.
Image source: Getty Images.
Source Fool.com
Meta Platforms Inc. Stock
€482.65
3.440%
With 12 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 645 € there is a positive potential of 33.64% for Meta Platforms Inc. compared to the current price of 482.65 €.
