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Rosenblatt raises Meta stock price target on settlement win

Rosenblatt raises Meta stock price target on settlement win
Analyst Bio:

Rosenblatt raised its price target on Meta Platforms Inc. (NASDAQ:META) to $886 from $883 while maintaining a Buy rating on the stock.

The firm cited Meta’s $18 billion settlement resolving nearly all state allegations related to kid and teen safety issues in product design. Rosenblatt described the settlement as a significant win for the company

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