On August 6, Gaogongui | Meta (META.US) rose 3.7% to $493.32. On the news side, Meta achieved a higher target price from major banks after its performance. Among them, JPMorgan released a report stating that it reiterated its “shareholding” rating on Meta, raising its target price from $480 to $610, indicating that the company has performed well recently and believes that it has made appropriate investments in key long-term plans, especially AI. The healthy advertising market trend supported strong performance in the second quarter, which has continued into the third quarter. META's third-quarter revenue guidance is expected to grow by 13% to 20%, exceeding investor expectations. Bank of America believes that Meta is attractive due to its strong growth and AI opportunities and has raised its target price from $550 to $563 with a “buy” rating. Meta is the top artificial intelligence company in the consumer internet industry and may have room for growth next year due to the potential TikTok ban.
美股异动｜Meta涨3.7% 绩后获小摩、美银等大行上调目标价
US stock abnormal change ｜ Meta rose 3.7%, and the target price was raised by major banks such as Morgan Stanley and Bank of America Merrill Lynch after performance report.
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