Susquehanna raised the firm’s price target on Meta Platforms (META) to $675 from $600 and keeps a Positive rating on the shares. The firm said META delivered solid 3Q results and guided 4Q revenue slightly ahead. While the company continues to expect significant investments moving forward, the firm continues to like META’s opportunities and positioning and believe the AI investments will pay off over time.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- Meta Platforms price target raised to $635 from $620 at Roth MKM
- Meta Platforms price target raised to $719 from $690 at UBS
- Meta Platforms price target raised to $660 from $640 at JPMorgan
- Meta Platforms price target raised to $530 from $525 at BMO Capital
- Meta Platforms price target raised to $680 from $670 at Cantor Fitzgerald