BofA Reiterates Buy on META as AI Spending Fears Ease
Market Intelligence Analysis
AI-PoweredBofA Securities reiterated a 'Buy' rating on Meta Platforms with a price target of $810, citing key near-term catalysts and easing AI spending fears.
Market impact analysis based on bullish sentiment with 74% confidence.
Article Context
Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks on the Market’s Radar. On December 18, BofA Securities reiterated its “Buy” rating on the stock with a price target of $810.00. Despite the recent multiple compression, the firm is constructive on the stock driven by key near-term catalysts. BoFA noted how Meta has lagged the […]
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