Meta Platforms (META) Gets Overweight Rating: Can Stock Target $700?
The first three months of the year have not been kind to the US stock market. Although there have been a host of assets on the downturn, Tuesday saw some relief come to the Magnificent 7. Amid that, Meta Platforms (META) has gotten a new overweight rating, with the stock potentially eyeing a $700 target. There are few tech companies that have the kind of potential that Meta does. Its social media networks grant it access to a slew of users, while it has placed immense focus on building its own tech and AI developments. Subsequently, it could be one of the most promising tech stocks to invest in over the medium term. Source: Getty Images Also Read: Alphabet (GOOGL) or META: Which Stock Is a Better Buy in 2025? META Gets New Rating as Stock Bounces Back Tuesday At the start of the week, US President Donald Trump targeted Federal Reserve Chair Jerome Powell. He was seeking the chairman’s termination, with the stock market plummeting as a result. However, things turned around on Tuesd...