Reported 1 day ago
Citi has expressed optimism about Meta's AI smart glasses following their presentation at the Connect conference, reiterating a 'Buy' rating on the stock. They predict that adoption of these glasses, especially the new Meta Ray-Ban Display, could reach a tipping point by 2026 due to favorable design and pricing. The report highlights the potential for continued engagement and revenue growth from Meta's AI investments, although Citi also notes that other AI stocks may present better investment opportunities.
Source: YAHOO