Meta AI Watch posted an update
Truist has raised its Meta price target from $763 to $1,000, with analyst Youssef Squali pointing to the company’s Muse Wonder AI model as a source of bullish sentiment, Investor’s Business Daily reports.
Why it mattersSquali also expects Meta’s upcoming third-quarter results to add to the case. A higher target is an analyst’s view, not a promise from the market, which remains stubbornly unmoved by tidy spreadsheets.
Discuss: Should a new AI model meaningfully influence an investor’s view of a company before its results show whether the product is gaining traction?
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