Analyst predicts Meta Platforms stock will reach $550, suggesting a buy opportunity.

From Nasdaq: 2024-07-21 10:53:00

Meta Platforms (NASDAQ: META) has seen significant growth since its IPO in 2012, with shares now trading close to $480. Analysts predict a 15% upside potential, with Bank of America Securities setting a $550 price target. Despite potential cuts in spending on VR/AR, Meta’s adaptability and focus on AI make it a strong buy. As always, do your research before investing.



Read more at Nasdaq: 1 Wall Street Analyst Thinks Meta Platforms Stock Is Going to $550. Is It a Buy?