Citigroup and UBS raise price targets on Meta Platforms shares
Citigroup lifted its Meta Platforms target to $905 from $895 and kept a Buy rating, while UBS raised its target to $892 from $884, Dow Jones Newswires reports.
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what happened
Citigroup raised its price target on Meta Platforms shares to $905 from $895 and kept its Buy rating. Later, UBS also raised its target on the company, to $892 from $884.
The information was published by Dow Jones Newswires. The report covers only the analyst estimate changes and adds no further data on the company's business.
why it matters
Price targets reflect analysts' estimates of a stock's fair value and are not a forecast of where shares will trade. Such revisions are usually routine, but they show that large banks still take a positive view of the company. Investors typically weigh them alongside earnings reports and the broader tech sector trend.
tags
instruments
sources
- Meta Platforms Price Target Raised to $905.00/Share From $895.00 by Citigroup — Dow Jones Newswires, 22 October 2026 at 19:20 UTC
- Meta Platforms Price Target Raised to $892.00/Share From $884.00 by UBS — Dow Jones Newswires, 22 October 2026 at 19:51 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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