Ken Gawrelski from Wells Fargo maintains a Buy rating on Meta Platforms, with a price target of $652.00, citing strong earnings and positive guidance as key factors.
Gawrelski emphasizes that Meta's advancements in artificial intelligence are positioning it as a market leader, indicating a promising future for growth and margin expansion.
The report highlights Meta's increased share in the travel advertising sector and the positive ROI signals from industry peers, reinforcing confidence in the company's strategy.
Pivotal Research also initiated coverage with a Buy rating for Meta, setting a higher price target of $780.00, reflecting growing confidence from corporate insiders.
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