DA Davidson raised the firm’s price target on Meta Platforms (META) to $800 from $700 and keeps a Buy rating on the shares. The company delivered a beat on both top and bottom line expectations, with a strengthening of Meta’s Family of Apps, as it continues to integrate AI into their products, the analyst tells investors in a research note. Meta management also expects 2025 to be a defining year for the company in relation to their AI ambitions, with CEO Zuckerberg highlighting several anticipated developments, including the release of Llama-4, the firm added.
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