Citi raised the firm’s price target on Meta Platforms (META) to $780 from $753 and keeps a Buy rating on the shares. The firm says the Q4 results strengthened its view that Meta’s product “super-cycle can deliver multiple vectors of growth” and that its investments should lead to greater product cadence. While it remains early days in Llama 4 and potential efficiencies, Meta’s open source “creates a significant opportunity,” the analyst tells investors in a research note.
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