Meta Stock Soars as Analysts Upgrade Price Targets, Fueled by AI Growth [Yahoo! Finance]
Piper Sandler Companies (PIPR)
Last piper sandler companies earnings: 5/1 08:04 am
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Source: Yahoo! Finance
Since November 20, four major analysts have issued new stock ratings and price targets that, in all cases, bet on a bright future for the company. Warning! GuruFocus has detected 5 Warning Sign with META. On November 20, Jefferies hailed Meta as a "top AI winner," with a hire by former Salesforce AI CEO Clara Shih to become the group's head of Business AI. It triggered a big buying spree. First, Shanghai on December 6 raised its target to $710 from $600 while maintaining a 'buy' rating, and KGI Securities on December 2 raised its target from $665 to $725. Last won on December 10 by Piper Sandler's Thomas Champion, the latest upgrade calls Meta an 'AI technology leader' and attributes Zuckerberg as the 'best CEO in consumer internet.' However, Meta has been highlighted as an industry for a challenging 2025 first half by Piper Sandler while noting that Meta is seeing growing engagement among younger users on Facebook and Instagram. The cautious optimism champion shows for Meta's o
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PIPR
Earnings
- 10/25/24 - Beat
PIPR
Sec Filings
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- 12/16/24 - Form 4
- PIPR's page on the SEC website