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Meta Surges as JPMorgan Upgrades to Overweight with $820 Price Target

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The Story

News Summary

  • JPMorgan upgraded Meta Platforms to Overweight from Neutral, raising its price target to $820, representing about 25% upside.
  • The bank cited expanding artificial-intelligence initiatives, including Muse AI and the Meta Model API, which offer long-term monetization avenues beyond Meta's core advertising business.
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META price history

648.03 +5.98% over the displayed period

Advisor Snapshot

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