Wells Fargo raised its price targets for two major U.S. technology companies on Oct. 6, according to a news brief published by BlockBeats. The bank increased its target for Meta Platforms (META.O) to $1,000 from $796. It also lifted its target for Alphabet (GOOG.O) to $417 from $411. The source brief did not include the rationale behind the revisions, nor did it provide any broader market commentary. The update was presented as a short market-moving item rather than a full research note. No additional details were disclosed in the source material beyond the target-price changes and the company tickers involved.
Wells Fargo raised its price target on Meta Platforms (META.O) to $1,000 from $796 and increased its target on Alphabet (GOOG.O) to $417 from $411 on Oct. 6, according to BlockBeats.
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