Muse has been a boon for Meta. It can soar much higher, Wells Fargo says

Why I Don't Think Meta's AI Strategy Will Be Successful

The stock has been rallying since unveiling its new AI agent, but I don't think the excitement will last.

Muse has been a boon for Meta. It can soar much higher, Wells Fargo says

Wells Fargo increased its price target for Meta to a bullish $1,000 per share Monday off the back of enthusiasm for viral AI agent Muse.

Wells Fargo Sets $1,000 Target on Meta (META) Despite Predicting 2027 Earnings Trough

Meta stock rises on analyst optimism about Muse AI assistant, but Wells Fargo warns 2027 earnings may disappoint before bigger AI gains arrive.

Why Wall Street Thinks Meta’s Best AI Days Are Still Ahead

TLDR Wells Fargo raised its Meta price target to $1,000 from $796, keeping an Overweight rating. The firm expects 2027 to be a “trough” earnings year as AI spending ramps up before bigger payoffs in 2028. Citi reiterated a Buy rating, noting Meta’s Muse assistant topped 6.6 million downloads in 16...