Reported 8 days ago
After the recent Meta Connect 2024 event, various investment firms have revised their stock price targets for Meta Platforms, citing significant advancements in AI and augmented reality technologies. Notably, Bank of America raised its target to $630, underscoring the broader market potential of AI glasses. Meanwhile, Rosenblatt analyst Barton Crockett increased his target to $811, highlighting Meta's continued innovation in AI capabilities and products that could drive future growth. Mark Zuckerberg showcased the company’s new AR glasses and emphasized the integration of AI across Meta's platforms, leading to increased optimism among investors.
Source: YAHOO