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JPMorgan Raises Meta Price Target to $920 After Muse AI Launch
JPMorgan said Muse could drive new revenue as it linked to more than 2,000 apps and major retailers in its first two weeks.
5 Articles
5 Articles
JP Morgan is bullish on Facebook owner Meta's new AI agent Muse and predicts the app could become one of the most popular since ChatGPT, CNBC reports.
JPMorgan raised its target price for Meta from USD $820 to USD $920 after highlighting the rapid start of Muse AI, an agent that already connected with more than 2,000 applications and added business alliances. The bank maintains a recommendation to overweight and considers that the tool could become a new source of revenue for the company.
JPMorgan has raised its Meta target price to $920 with trading access to its Muse AI agent. We are reviewing the hardware lineup and the IREN AI computing readout.
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Leaning Left1Leaning Right0Center1Last UpdatedBias Distribution50% Left, 50% Center
Bias Distribution
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50% Center
L 50%
C 50%
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