Meta Platforms (NASDAQ:META) Raised to Overweight at JPMorgan Chase & Co.

Meta Platforms (NASDAQ:META) Raised to Overweight at JPMorgan Chase & Co.

JPMorgan Chase & Co. raised shares of Meta Platforms from a "neutral" rating to an "overweight" rating and raised their target price for the company from $640.00 to $820.00 in a research note on Thursday.

JPMorgan resets Meta stock price target for the rest of 2026

Wall Street has spent much of the past year debating whether Meta’s enormous AI spending would ever pay off beyond better ads. On September 10, one of the bank’s biggest skeptics changed his answer. JPMorgan analyst Doug Anmuth upgraded Meta Platforms and raised his price target sharply. Arguing…

Meta upgraded to overweight by JPMorgan amid improving AI sentiment

Meta's AI advancements could diversify revenue streams beyond advertising, potentially justifying high capital expenditures and boosting investor confidence.