In a recent report, Wells Fargo analyst Ken Gawrelski affirmed a Buy rating on Meta Platforms, setting a price target of $685.00, well above its current closing price of $647.49. Gawrelski, known for a successful track record in stock recommendations, noted positive corporate insider activity influencing stock sentiment. Concurrently, Bank of America’s Justin Post also issued a Buy rating for Meta, amidst a Hold rating from Scotiabank. The company, which specializes in social media and digital advertising, has shown resilience with a significant one-year price range and insider investments, promoting a favorable outlook.
Ken Gawrelski from Wells Fargo maintained a Buy rating on Meta Platforms with a price target of $685.00, signaling confidence in the stock's potential.
Meta Platforms recently saw an uptick in corporate insider buying, suggesting positive sentiment among executives towards the stock's future performance.
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