RBC Capital Sticks to Its Buy Rating for Meta Platforms (META)
Complete. Here is the key summaryRBC Capital analyst Brad Erickson maintained a Buy rating on Meta Platforms (META) with an $810 price target in a July 21 report. This follows Monness's recent Buy rating and $890 target. The stock closed at $643.81, while the broader analyst consensus remains Strong Buy with an average target of $814.41, indicating significant upside potential.
In a report released on July 21, Brad Erickson from RBC Capital maintained a Buy rating on Meta Platforms, with a price target of $810.00. The company’s shares closed yesterday at $643.81.
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Erickson covers the Communication Services sector, focusing on stocks such as Zillow Group Class A, Angi, and Meta Platforms. According to TipRanks, Erickson has an average return of 6.9% and a 52.02% success rate on recommended stocks.
Meta Platforms has an analyst consensus of Strong Buy, with a price target consensus of $814.41, which is a 26.50% upside from current levels. In a report released yesterday, Monness also maintained a Buy rating on the stock with a $890.00 price target.