TD Cowen analyst John Blackledge raised the firm’s price target on Meta Platforms (META) to $785 from $690 and keeps a Buy rating on the shares. The firm said the advertising revenues beat across all geographies and gross margins were well ahead of expectations.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
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 $770 from $700 at Truist
- Morning Movers: UPS and Cigna plunge double digits following Q4 results
- Meta Platforms price target raised to $786 from $736 at UBS
- Meta Platforms price target raised to $800 from $700 at RBC Capital
- Notable open interest changes for January 30th