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29 Sep, 09:50
BofA reiterates Buy with $810 target on AI enterprise platform
Bullish+1.84%
AI Summary
Bank of America reiterates a Buy rating on Meta with an $810 price target, highlighting the company's new Enterprise Platform and AI monetization strategy as catalysts for durable, less macro-sensitive revenue.
BofA reiterated a Buy on $META with an $810 price target, saying its new Enterprise Platform could create a more durable, less macro-sensitive revenue stream by selling Meta’s AI models, agents, APIs and coding tools directly to businesses. https://x.com/wallstengine/status/2104871400565850546/photo/1