JPMorgan Raises Meta Price Target to $920 Following 30% Monthly Surge
JPMorgan has increased its price target for Meta Platforms from $820 to $920, maintaining an overweight rating. The firm suggests that Meta's new Muse agent has the potential to become the most widely used consumer AI application since ChatGPT. The new target represents an approximate 18% upside from Thursday's closing price.
Summaries are written by AI from the original article. Not investment advice.