From Zacks Investment Research: 2025-02-19 06:12:15

Meta Platforms, Inc. (META) has seen a record rally, with its stock surging due to a focus on artificial intelligence (AI). The company’s stock hasn’t finished in the red in any February session, notching 20 consecutive days of gains. Meta plans to invest $60-65 billion in AI infrastructure, including humanoid robots and advanced language models. The company also aims to have 1.3 million graphics processing units by year-end. Brokers suggest investors hold Meta stock for its growth potential and consistent dividend payouts, with a short-term price target of $743.55. META currently has a Zacks Rank #3 (Hold).



Read more at Zacks Investment Research: The Zacks Analyst Blog Highlights Meta Platforms, Microsoft, Alphabet and NVIDIA – February 19, 2025