tiprankstipranks
Blurbs

Analysts Offer Insights on Technology Companies: Meta Platforms (FB) and Telefonaktiebolaget LM Ericsson (ERIC)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Meta Platforms (FBResearch Report) and Telefonaktiebolaget LM Ericsson (ERICResearch Report).

Meta Platforms (FB)

UBS analyst Lloyd Walmsley maintained a Buy rating on Meta Platforms today and set a price target of $400.00. The company’s shares closed last Tuesday at $302.98.

According to TipRanks.com, Walmsley is a top 100 analyst with an average return of 29.1% and a 65.2% success rate. Walmsley covers the Technology sector, focusing on stocks such as Alphabet Class A, Viant Technology, and Alphabet Class C.

Currently, the analyst consensus on Meta Platforms is a Strong Buy with an average price target of $406.42, implying a 35.5% upside from current levels. In a report issued on January 17, J.P. Morgan also maintained a Buy rating on the stock with a $385.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Telefonaktiebolaget LM Ericsson (ERIC)

Charter Equity analyst Edward F. Snyder maintained a Hold rating on Telefonaktiebolaget LM Ericsson today. The company’s shares closed last Tuesday at $11.71.

According to TipRanks.com, Snyder is a 4-star analyst with an average return of 19.4% and a 56.1% success rate. Snyder covers the Technology sector, focusing on stocks such as Skyworks Solutions, Texas Instruments, and Wolfspeed.

Telefonaktiebolaget LM Ericsson has an analyst consensus of Hold, with a price target consensus of $13.00.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on FB:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More
Videos
---

Latest News Feed