Barclays, Cantor Fitzgerald and Piper Sandler keep Meta at Overweight
Three brokers reaffirmed an Overweight rating on Meta Platforms shares, and Cantor Fitzgerald raised its price target to $860.
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what happened
Dow Jones Newswires reported that Barclays, Cantor Fitzgerald and Piper Sandler kept their Overweight rating on Meta Platforms shares. Cantor Fitzgerald also lifted its price target on the stock to $860 per share from $840.
The report contains no further details.
why it matters
Several brokers reaffirming an Overweight rating at the same time suggests analysts still view the stock favourably. The $20 target increase reflects higher expectations for the share price, which investors weigh alongside earnings and company news. On its own, the event is routine and is unlikely to move the broader market.
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instruments
sources
- Meta Platforms Is Maintained at Overweight by Barclays — Dow Jones Newswires, 24 October 2026 at 08:11 UTC
- Meta Platforms Is Maintained at Overweight by Cantor Fitzgerald — Dow Jones Newswires, 24 October 2026 at 08:11 UTC
- Meta Platforms Is Maintained at Overweight by Piper Sandler — Dow Jones Newswires, 24 October 2026 at 08:11 UTC
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