Meta Platforms price target raised to $333 from $263 at Rosenblatt

Rosenblatt raised the firm’s price target on Meta Platforms to $333 from $263 and keeps a Buy rating on the shares. The firm, which says Meta’s new Threads “looks sharp to us, both in the direct opportunity, AND in the return of swagger to Meta’s social media wheelhouse,” raised its long-term estimates and multiple, driving the higher price target.