Meta User Base, AI-Powered Ad Growth Drive Analyst Optimism

Rosenblatt analyst Steve Frankel maintained a Buy rating on Meta Platforms Inc META with a price target of $811.The stock is currently featured among the best ideas for the first half of 2025, reflecting key themes across Rosenblatt’s research universe.Meta is in the midst of an impressive and durable artificial intelligence-driven growth renaissance, he says.Revenues rose 22% in the first nine months of 2024 after growing 16% in 2023 and dipping 1% in 2022.Also Read: Instagram’s Ad Revenue Could Hit $32 Bi ...