Reported about 1 month ago
Analysts at Bernstein have adjusted their price target for Meta Platforms, highlighting the company's strong growth in AI and positioning it as a secure investment option. With shares up 62% year-to-date, Meta is viewed as the top 'set-it-and-forget-it' blue-chip holding, especially with solid ad metrics and a growing business model. The company is set to report its third-quarter earnings on October 30, with expectations of continued growth and better ad performance driven by AI innovations.
Source: YAHOO