Meta Platforms, ODP, iSun, Affirm, and GitLab - Insights from Market Experts
- June 24th, 2023
- 397 views
Meta Platforms, Inc. (Nasdaq: META), a prominent social media company, had its price target raised from $255 to $315 by Roth MKM, maintaining its Buy rating.
With Friday's closing price at $288.73, the adjusted price target implies a potential upside of $26.27 or approximately 9.10% for $META, based on the investment firm's assessment.
The ODP Corporation (Nasdaq: ODP), a leading provider of business services and supplies, received a Buy rating and a price target of $60 from B. Riley Securities upon initiation of coverage.
Despite $ODP closing at $45.43 on Friday, the investment firm's price target suggests a potential upside of $14.57 or about 32.04%.
iSun, Inc. (Nasdaq: ISUN), a renewable energy company specializing in solar solutions, received a Buy rating and a price target of $2.75 from HC Wainwright & Co. upon initiation of coverage.
With $ISUN closing at $0.47 on Friday, the adjusted price target reflects a potential upside of $2.28 or approximately 486.96%, based on the investment banking firm's view.
Affirm Holdings, Inc. (Nasdaq: AFRM), a leading financial technology company offering installment loans, was maintained with a Buy rating and an increased price target from Truist, moving it from $17 to $24.
With Friday's closing price at $14.81, the adjusted price target implies a potential upside of $9.19 or about 61.99% for $AFRM, according to the financial services firm's assessment.
GitLab Inc. (Nasdaq: GTLB), a prominent software development platform, was maintained with an Outperform rating by RBC Capital, who raised the price target from $56 to $60.
Based on Friday's closing price of $48.66, the adjusted price target suggests a potential upside of $11.34 or about 23.30% for $GTLB, according to the investment firm's perspective.
The projected price targets and potential upsides mentioned above are derived from evaluations and perspectives provided by brokerage firms, investment firms, or analysts. These indicators reflect their analysis and expectations regarding the potential appreciation in stock value. It is advisable for investors to thoroughly assess these opinions and take them into consideration when making investment decisions.
THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY OR DIGITAL ASSET. Please consult with a professional investment advisor before purchasing or selling any securities viewed on or mentioned herein. (Read Full Disclaimer)
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