Meta Platforms Inc (META)

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Facebook (FB) Given New $360.00 Price Target at Cowen
By: MarketBeat | April 15, 2021

• Facebook (NASDAQ:FB) had its price target increased by stock analysts at Cowen from $350.00 to $360.00 in a report released on Thursday, The Fly reports. The firm presently has an "outperform" rating on the social networking company's stock. Cowen's target price indicates a potential upside of 18.88% from the company's current price.

FB has been the topic of several other research reports. Evercore ISI restated an "outperform" rating and set a $370.00 price objective on shares of Facebook in a report on Tuesday. The Goldman Sachs Group restated a "buy" rating and set a $355.00 price objective on shares of Facebook in a report on Thursday, January 28th. Truist raised their price objective on Facebook from $320.00 to $333.00 in a report on Thursday, January 28th. Moffett Nathanson raised their price objective on Facebook from $285.00 to $325.00 in a report on Friday, January 15th. Finally, Zacks Investment Research cut Facebook from a "buy" rating to a "hold" rating and set a $308.00 target price on the stock. in a report on Tuesday, March 23rd. One analyst has rated the stock with a sell rating, six have assigned a hold rating, thirty-six have issued a buy rating and one has given a strong buy rating to the stock. Facebook has a consensus rating of "Buy" and a consensus price target of $326.78.

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