Although Wells Fargo raised its target price for Meta (META) to $625 per share from $593, Meta's share price still fell slightly on Monday morning.
Wells Fargo said Meta's strong advertising performance in the second quarter was responsible for the rise in its share price. Analysts told investors in their latest research note that they also expect third-quarter revenue of $38 billion to $40.50 billion.
Analysts believe Meta has strong momentum and will maintain its overweight rating, raising its price target to $625 per share.
Wells Fargo raises Meta target price to $625
2024-07-08 23:43:58
Despite Wells Fargo bank meta meta target share price per sharedesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
富国银行上调Meta目标价至625美元Next article：
Xai：贡献者延迟6个月解锁代币，本月解锁比例从71%降低至36%
