Wall Street analyst updates META stock price

Meta Platforms (NASDAQ: META) has received an updated outlook from Evercore ISI, with analyst Mark Mahaney reaffirming his ‘Outperform’ rating and citing a strengthening core business along with expanding long-term monetization opportunities.To this end, Mahaney assigned a price target of 875fortheAmericantechnologygiant.ThevaluesuggeststhatMETAstockwouldneedtorallynearly37875 for the American technology giant. The value suggests that META stock would need to rally nearly 37% from its last closing price of 640.META one-week stock price chart. Source: FinboldMahaney’s assessment emphasized ...