Meta shares surge after Wells Fargo raises price target to $796
Meta Platforms shares rose 11.4% Monday as early traction for its Muse AI assistant drew renewed optimism after Wells Fargo lifted its price target to $796 from $640, keeping its rating unchanged.
4% on Monday as investors reacted to early traction for the company’s Muse AI assistant and fresh analyst optimism. The stock move came after Wells Fargo raised its price target to $796 from $640 and kept its existing rating.