Analysts revise META stock price target

Meta Platforms (NASDAQ: META), the parent company of Facebook and Instagram, is reaping the rewards of incorporating artificial intelligence into its products, as reflected in its Q3 results.The impact of AI guided a Citi (NYSE: C) analyst to raise the company’s share price target in an investor note on October 31.In particular, Ronald Josey revised META’s stock price target to $705, up from $645, maintaining a ‘Buy’ rating. This increase was driven by Meta’s robust advertising revenue, which surged 20% yea ...