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Meta reveals strong core business with rapid AI talent growth, scalable infrastructure, and evolving monetization enhancing productivity and creating new product opportunities.
Truist and BofA reaffirm Buy ratings and raise Meta's price target to $900, citing strong user activity, ad revenue, AI investments, and expanding AI infrastructure boosting long-term growth.
Analysts forecast up to $25B in new ad revenue for Meta from WhatsApp, Threads and AI-driven ads, supported by Barclays estimates and a 22% Q2 revenue gain, though execution risks and competition rem…