Business

Meta Stocks Soar as JPMorgan Raises Ratings, Raises Target Price


Updated at 10:21 a.m. EST

Meta . Platform (META) – Get a free report Shares edged higher on Friday after an upgrade from analysts at JPMorgan amid easing pressure on costs and data privacy.

JPMorgan analyst Doug Anmuth upgraded his rating on this group from “neutral” to “overweight,” and increased his price target from $35 to $115 a share. , citing better cost discipline on social media and augmented reality teams as well as easing pressure from Apple (AAPL) – Get a free report privacy rules, known as App Tracking Transparency (ATT), have made it difficult for Facebook and Instagram to measure the success of some advertising campaigns, leading to data is delayed or restricted.

news7f

News7F: Update the world's latest breaking news online of the day, breaking news, politics, society today, international mainstream news .Updated news 24/7: Entertainment, Sports...at the World everyday world. Hot news, images, video clips that are updated quickly and reliably

Related Articles

Back to top button