Reported 3 days ago
Analysts have raised their stock price targets for Meta Platforms, with JP Morgan increasing it to $725 and Evercore ISI to $700, citing strong ad revenue growth and the promising performance of Threads, a microblogging platform projected to exceed 500 million users by 2025. Meta's focus on AI will also play a crucial role in its future growth, as the company continues to invest heavily in AI technologies.
Source: YAHOO