Morgan Stanley Raises Meta Price Target to $820, Keeps Overweight Rating
TheFly reported that analyst Brian Nowak raised his Meta price target from $775 to $820 while maintaining an Overweight rating.
Morgan Stanley raised its price target for Meta, the advertising-led social platform, to $820 from $775, according to TheFly. Analyst Brian Nowak maintained an Overweight rating. The key question is how much profit Meta’s spending will generate. Shares stood…