What's Going On With Meta Stock Ahead Of Meta Connect 2023 Event?

Meta Platforms, Inc. META shares are trading higher Friday. The stock has gained more than 6% over the last month and appears to be moving on continued upward momentum. 

What To Know:

Analysts and investors are buzzing about the company's upcoming Meta Connect 2023 event on Sept. 27 and Sept. 28. The event will be held virtually and focused on AI and virtual, mixed and augmented realities.

Meta founder and CEO, Mark Zuckerberg, will host the keynote presentation and unveil the Meta Quest 3 headset. 

On Friday, Citigroup analyst Ronald Josey reiterated Meta Platforms with a Buy rating and maintained a $385 price target.

Shares of META are up more than 100% over the last year, and the stock has captured the attention of retail investors, frequently appearing on the Yahoo! Finance trending tickers list. 

Related News: What's Going On With Lucid Motors Stock?

META Price Action: According to Benzinga Pro, Meta Platforms shares are up 2.3% at $302.54 at the time of publication.

Image: Courtesy of Meta Platforms, Inc.