Goldman Sachs Sticks to Buy Rating on Meta with $725 Target
Goldman Sachs has maintained its buy rating for Meta Platforms (META.US) and stuck to its target price of $725. This decision was made by Goldman Sachs analyst Eric Sheridan, who has a success rate of 54.4% and an average return of 8.5% over the past year according to TipRanks data.
The analyst's track record is based on successful ratings, which are defined as those where TipRanks' virtual portfolio earns a positive return from the stock. The total average return represents the average rate of return that the virtual portfolio has earned over the past year.