Meta Platforms stock hits all-time high of $527.88 per share, analysts raise price targets.

From InvestorPlace: 2024-04-05 12:13:31

Meta Platforms (NASDAQ: META) stock reaches new all-time high at $527.88 per share. Company faced struggles in 2022 due to lockdowns, inflation, and interest rates but has bounced back in 2023. Analysts raise price targets for META stock, with Jefferies and RBC Capital increasing targets to $585 and $600 per share, respectively. Trading volume for META stock is at 9.9 million shares with a daily average of 17.9 million shares. Other notable stocks to watch are Teladoc Health (NYSE: TDOC), Hub Cyber Security (NASDAQ: HUBC), and GCT Semiconductor (NYSE: GCTS).



Read more at InvestorPlace: Why Meta Platforms (META) Stock Just Hit an All-Time High