Meta Platforms' (META) Outperform Rating Reaffirmed at Royal Bank Of Canada

Meta Platforms' (META) Outperform Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reissued an "outperform" rating and set a $810.00 price objective on shares of Meta Platforms in a research report on Monday.

Meta Platforms (META) Dips Amid Bullish Analyst Calls: Why Wall Street Sees Major Gains Ahead

TLDR Royal Bank of Canada maintained its Outperform stance on META, keeping an $810 price objective that suggests approximately 30% potential gains. Shares traded down 1.6% at $622.58, operating within a 52-week band of $520.26 to $796.25. First-quarter 2025 results exceeded projections with earnings per share of $10.44 compared to the $6.67 forecast, alongside revenue of $56.31 billion reflecting 33.1% annual growth. Arete Research elevated ME…