Citi Puts Meta (META) on 90-Day Catalyst Watch Ahead of Earnings, Keeps $915 Target

Core Viewpoint - Meta Platforms, Inc. is gaining attention on Wall Street as a leading AI stock, with Citi initiating a "90-day catalyst watch" and maintaining a Buy rating with a price target of $915, indicating bullish sentiment ahead of earnings [1][3]. Group 1: Earnings and Financial Performance - Meta is expected to report positive revenue and earnings estimates, driven by improved engagement and effective advertising products [1]. - The upcoming 3Q25 earnings report is anticipated on October 29, with indications that Meta is capturing a larger share of advertising budgets due to the launch of new products like Business AI [3]. Group 2: Business AI Tool - The Business AI tool is highlighted as a significant contributor to enhancing return on spend by assisting businesses in answering questions, recommending products, and managing sales transactions [2]. Group 3: Investment Outlook - Despite the positive outlook for Meta, there are suggestions that other AI stocks may present greater upside potential with less downside risk, indicating a competitive landscape in the AI investment sector [3].