Group 1 - Meta Platforms, Inc. (NASDAQ:META) is recognized as one of the 14 best S&P 500 stocks to buy now, with RBC Capital maintaining an Outperform rating and a price target of $810 [1] - Analysts have a consensus Strong Buy rating on Meta, with a one-year average share price target of $830.73, indicating a potential upside of 28% [3] - Morgan Stanley recently adjusted its price target for Meta from $820 to $750 while keeping an Overweight rating [2] Group 2 - Meta's chief AI scientist, Yann LeCun, is leaving the company at the end of the year and is in discussions to raise €500 million for a new startup valued at around €3 billion [4] - The new startup, named Advanced Machine Intelligence Labs, is expected to form a partnership with Meta [4] - Meta operates several major social media platforms, including Facebook, WhatsApp, Instagram, and Threads, making it one of the largest technology companies globally [5]
Analysts Rate Meta Platforms, Inc. (META) a Strong Buy, Forecast 28% Upside