JP Morgan raises Meta Platforms price target to $940 a share
Dow Jones Newswires reports JP Morgan lifted its Meta Platforms target from $920 to $940 per share, citing Benzinga ratings data.
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what happened
According to Dow Jones Newswires, JP Morgan analysts increased their price target on Meta Platforms shares from $920 to $940 each. The report draws on a roundup of analyst rating changes compiled by Benzinga.
The item offers no further details on the reasoning behind the move or the bank's financial forecasts.
why it matters
A single bank adjusting its price target usually affects only the stock in question and seldom moves the broader market. Investors still tend to watch such changes when judging expectations for large technology companies like Meta.
market impact
Meta Platforms: a higher target from one bank may support interest in the shares, though the effect is usually small
tags
instruments
sources
- Meta Platforms Price Target Raised to $940.00/Share From $920.00 by JP Morgan — Dow Jones Newswires, 24 October 2026 at 08:11 UTC
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