Wall Street analyst updates Meta stock price
Wall Street sentiment toward Meta Platforms (NASDAQ: META) remains constructive after Baird reaffirmed its ‘Outperform’ rating on the stock.
In an investor note dated December 23, the bank slightly lowered its Meta price target to $815 from $820. The revised target implies a potential upside of about 22% from Meta’s press-time price of $663.
According to an analysis by Baird analyst Colin Sebastian, recent market volatility has helped reset expectations, creating a more balanced backdrop for investors willing to position opportunistically ahead of key developments.
Baird acknowledged that near-term sentiment pressures persist but argued that expectations are now…
