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Meta Analysts Maintain Bullish Ratings Ahead of Third-Quarter Earnings

Rosenblatt and Citizens JMP maintained bullish ratings and price forecasts of $886 and $885, respectively, ahead of Meta’s Oct. 21 earnings report. Rosenblatt expects AI investment to pressure free cash flow, while Citizens estimates Muse could generate more than $10 billion in annual advertising revenue at 100 million daily users.

META