Group 1 - BMO Capital reiterated a Market Perform rating and a price target of $710 on Meta Platforms (META) following the announcement of the acquisition of AI agent startup Manus for approximately $2 billion [1] - Manus achieved a remarkable growth from $0 to $100 million in annual recurring revenue (ARR) within eight months, highlighting its effective monetization of AI [1] - The acquisition is expected to provide an incremental positive impact on Meta's projected $121 billion AI expenditure for 2026, which has not yet yielded the immediate return on investment seen by other hyperscalers [1]