Wells Fargo Hands Meta a $1,000 Target and a Warning About 2027 Earnings
Wells Fargo raised its Meta Platforms stock price target to $1,000 from $796 this week. The new figure ranks among the highest targets on Wall Street. The bank kept its overweight rating. However, the same note expects Meta’s earnings to bottom out before its artificial intelligence (AI) push shows up in estimates. Wells Fargo Doubles The post Wells Fargo Hands Meta a $1,000 Target and a Warning About 2027 Earnings appeared first on BeInCrypto.
Key Takeaways
- Wells Fargo raised its Meta Platforms stock price target to $1,000 from $796 this week.
- The new figure ranks among the highest targets on Wall Street.
- The bank kept its overweight rating.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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