META’s AI Momentum and Strong Forecasts Keep Wall Street Bullish
Meta Platforms, Inc. (NASDAQ:META) is one of the Trending AI Stocks on Wall Street’s Radar. On October 21, Bank of America reiterated the stock as “Buy” with a $900 price target. The firm said it’s sticking with the tech giant ahead of earnings later this month. Bofa believes that Meta has the potential for upside driven by improving macroeconomic conditions and accelerating AI benefits. It anticipates Meta to report third-quarter revenue of $50.0 billion and earnings per share of $7.30, beating consensus ...