Wells Fargo raises Meta target to $1,000
MarketWatch reported Wells Fargo boosted its Meta Platforms price target to $1,000 from $796, while META shares were up about 0.17% at 10:55am ET on Oct. 9.
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Meta's Muse Could Generate $27 Billion a Year, Citi Says as AI Agent Usage Surges
Meta Platforms Inc. (NASDAQ: META ) could generate more than $27 billion a year from its month-old Muse personal AI agent by 2030, according to Citigroup Inc. (NYSE: C ), as usage grows and the race to become consumers’ default AI agent intensifies. Muse has topped 6.6 million downloads since its Sept. 8 launch and rea
Wells Fargo Raises Meta Platforms Target to $1,000
Wells Fargo analyst Ken Gawrelski raised his price target for Meta Platforms (META) to $1,000 from $796 while maintaining an 'Overweight' rating, citing warranted investor enthusiasm around the company's Muse product cycle.
Meta rises after Wells Fargo lifts price target on Muse AI traction
Meta Platforms shares rose 2.4% to $681 premarket. Wells Fargo raised its price target to $796 from $640, citing early traction for the Muse AI assistant and product momentum, including record Muse US downloads of 264,000 on Sept. 19 and 448,000 daily active users on Sept. 18, per SensorTower. Wells Fargo expects new f
Braze Q2 2027 revenue rises 26%, raises guidance
Braze reported fiscal second-quarter revenue of $227 million, up 26% year over year, and said non-GAAP operating margin improved by more than 600 basis points. It raised third-quarter and full-year revenue guidance.
Zscaler reports 25% ARR growth, raises AI security focus
Zscaler said fourth-quarter annual recurring revenue rose 25% and non-GAAP operating margin reached 24.3%, while Security for AI bookings increased more than 50% sequentially.