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analysts raise price targets for meta platforms following strong quarterly results

UBS maintains a 'Buy' rating for Meta Platforms with a target price of $690, citing strong sales and profits despite disappointing advertising revenue growth. Other analysts, including Morgan Stanley and JPMorgan, have also raised their price targets, reflecting confidence in the company's performance. Pivotal Research has increased its target to $800, emphasizing Meta's growth potential.
11:53 31.10.2024
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