Meta Analysts Highlight AI, VR Advances, See Growth Pushing It Toward Apple-Like Valuation

Benzinga · Sep 27 02:19

Multiple analysts re-ratedMeta Platforms Inc(NASDAQ:META) after the company kicked off its annual developer conference Meta Connect with announcements including Meta's $299.99 Quest VR headset, Meta AI updates, Meta's Ray-Ban Smart Glasses updates, and Meta's new Orion glasses.

JMP Securities analyst Andrew Boone maintained Meta Platforms with a Market Outperform rating and raised the price target from $550 to $635.
Wedbush analyst Scott Devitt maintained Meta Platforms with an Outperform rating and a $600 price target.
Oppenheimer analyst Jason Helfstein reiterated an Outperform rating on Meta Platforms and set a price target of $615.
Guggenheim analyst Michael Morris...

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Meta Analysts Highlight AI, VR Advances, See Growth Pushing It Toward Apple-Like Valuation

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