1 Wall Street Analyst Thinks Meta Platforms Stock Is Going to $750. Is It a Buy?
Meta Platforms(META) The Motley Fool·2025-01-05 12:00Shares of Meta Platforms (META 0.90%) fell to a cheap valuation in 2022 and have soared almost 400% over the last two years. However, the stock is still trading at a reasonable 23 times this year's earnings estimate that could support more gains in 2025.JMP Securities analyst Andrew Boone recently raised the firm's price target to $750, implying upside of 25% over the current $599 share price, and maintained an outperform (buy) rating on the stock. The analyst sees several reasons to be bullish on the socia ...