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Bank of America analysts on Thursday raised its price target on the stock to $630. JPMorgan expects Meta shares to rise even higher, to $640, while Jefferies reiterated its price target of $600.
According to 68 analysts covering Meta, the stock has a median 12-month price target of $575, which points toward gains of just 9% from current levels. ... and the Street-high price target of $660 ...
*Stock prices used were the afternoon prices of Oct. 30, 2024. The video was published on Nov. 1, 2024. ... Before you buy stock in Meta Platforms, consider this:
To earn $500 monthly from Meta, we start with a yearly target of $6,000 ($500 x 12 months). Next, we take this amount and divide it by Meta's $2.00 dividend: $6,000 / $2.00 = 3,000 shares.
Why the stock could move even higher. Meta stock is arguably getting pricey at a price-to-earnings ratio of 29, but the company consistently beat earnings estimates in recent quarters, and it has ...
TipRanks is a financial technology company that uses artificial intelligence to analyze financial big data to provide stock market research tools for retail investors. The TipRanks Financial Accountability Engine scans and analyzes financial websites, corporate filings submitted to the SEC, and analyst ratings, to rank financial experts in real time.