Meta Platforms price target raised to $630 from $605 at Baird
The Fly

Meta Platforms price target raised to $630 from $605 at Baird

Baird raised the firm’s price target on Meta Platforms (META) to $630 from $605 and keeps an Outperform rating on the shares. The firm said the solid Q3 results reflect a stable macro environment, ongoing healthy user growth and engagement trends, and importantly, the ongoing benefits of AI in ad products and content recommendations.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App