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Can Meta Stock Keep Climbing After a 30% Month? JPMorgan Raises Its Price Target

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Can Meta Stock Keep Climbing After a 30% Month? JPMorgan Raises Its Price Target

JPMorgan raised its price target for Meta Platforms’ stock to $920 from $820 on Thursday, maintaining an overweight rating. The bank thinks Meta’s new Muse agent could become the most widely used consumer AI app since ChatGPT. The target implies about 18% upside from Meta’s Thursday close. It also lands one day after Meta used The post Can Meta Stock Keep Climbing After a 30% Month? JPMorgan Raises Its Price Target appeared first on BeInCrypto.

Key Takeaways

  1. JPMorgan raised its price target for Meta Platforms’ stock to $920 from $820 on Thursday, maintaining an overweight rating.
  2. The bank thinks Meta’s new Muse agent could become the most widely used consumer AI app since ChatGPT.
  3. The target implies about 18% upside from Meta’s Thursday close.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.