META Crosses Above Average Analyst Target
February 03, 2023 at 07:50 AM EST
In recent trading, shares of Meta Platforms Inc (META) have crossed above the average analyst 12-month target price of $171.00, changing hands for $188.77/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..