![]() ![]() The stock closed at $, registering a substantial gain for the day. Throughout the day, the stock reached a high of $323.50 and a low of $314.26, indicating a volatile trading session. The stock opened at $316.98, a significant increase from the previous day’s close of $311.77. On July 28, 2023, META stock experienced a significant surge in performance, driven by positive earnings growth and strong market sentiment. Show more META Stock Soars on July 28, 2023: Positive Earnings Growth and Investor Confidence Drive Strong Performance On the other hand, CNNMoney highlights a median target price of $365.00, encompassing a high estimate of $435.00 and a low estimate of $110.00 for Meta Platforms’ stock. China Renaissance, for instance, holds an optimistic outlook after upgrading the stock to Buy, projecting a remarkable price target of $380. However, it is essential to consider varying perspectives, as different sources present diverse price targets. Their collective 12-month stock price forecast stands at $315.25, indicating a modest increase of 0.92% from the current price. Notably, a consensus among 44 analysts suggests a strong buy rating for META stock. Let’s delve into some key details regarding Meta Platforms’ stock performance: Recent reports indicate a significant surge in the company’s stock price, prompting China Renaissance to upgrade their rating from Hold to Buy, accompanied by an impressive price target of $380. As of July 28, 2023, Meta Platforms stands as an innovative social networking company that specializes in the development of applications to connect individuals through various devices, including mobile devices and personal computers. ![]()
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