Three Major Analysts Bet on Meta's AI Pivot With Price Targets Approaching $920

Three Major Analysts Bet on Meta's AI Pivot With Price Targets Approaching $920

JPMorgan, Raymond James, and BofA all raised their Meta price targets in the same week, and their reasoning has little to do with advertising. The catalyst they keep pointing to could redefine what kind of company Meta actually is.

JPMorgan sends strong message to Meta stock investors

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Can Meta Stock Keep Climbing After a 30% Month? JPMorgan Raises Its Price Target

JPMorgan raised its price target for Meta Platforms' stock to $920 from $820 on Thursday, maintaining an overweight rating. The bank thinks Meta's new Muse agent could become the most widely used consumer AI app since ChatGPT. The target implies about 18% upside from Meta's Thursday close. It also...