Reported 1 day ago
Meta Platforms, Inc. (NASDAQ:META) has received a $900 price target from Citizens JMP analyst Andrew Boone, who reiterated a Market Outperform rating. The company is set to expand Reels trending ads to all advertisers during the holiday season, with early results indicating a 20% increase in unaided brand awareness. This growth in advertising potential positions Meta favorably despite the competitive landscape, with analysts suggesting that it remains a stock to watch closely.
Source: YAHOO