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CNBC cites TipRanks data: Wall Street analysts are optimistic about Meta Platforms (META)'s long-term investment value.
JPMorgan Chase analyst Doug Anmuth upgraded Meta Platforms from "Neutral" to "Overweight," raising the price target from $640 to $820. He believes Meta is in the early stages of rolling out frontier models and AI-powered products, such as the Muse AI agent and Meta Model API, which will be central to its product and monetization pipeline for years to come.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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