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Morgan Stanley Analyst Reiterates Buy Rating on Meta Platforms, FB


Brian Nowak
analyst at Morgan Stanley reiterates coverage on Meta Platforms (FB) in the Technology sector with a Buy rating. TipRanks.com has Nowak rated as a 4.6 star analyst with a 63% return on investment and a 8.6% success rate. Nowak has set a price target of $395.

TipRanks.com reports that Meta Platforms currently has 31 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $407.75. The target pricing ranges from a high forecast of $460.00 down to a low forecast of $300.00. Meta Platforms (FB)’s last closing price was $319.59 which would put the average price target at 27.59% upside.

In addition, TradingView issued a Sell rating for FB over the next month, Barchart.com has a Strong sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on FB.

Other analysts covering FB include:
  • Doug Anmuth of J.P. Morgan issued a Buy rating with the price target of $385 on 2 days ago
  • Justin Post of Bank of America Securities issued a Buy rating with the price target of $410 on 1 week ago
  • Brent Thill of Jefferies issued a Buy rating with the price target of $420 on 1 week ago
  • James Lee of Mizuho Securities issued a Buy rating with the price target of $450 on 1 week ago
If you are interest in stocks like FB or stocks in the Technology sector, please click here.

TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>

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