From Yahoo Finance: 2025-05-01 23:25:00

Meta (META) exceeded Q1 expectations and raised its Q2 guidance, leading Truist to raise its price target on the stock to $720. Truist remains bullish on Meta due to AI-driven ad performance, essentiality for advertisers, and enhanced e-commerce offerings. Stifel also increased its price target to $655, citing the potential monetization of AI technology.

Meta stock has gained 8% in the last month but dropped 16% in the last three months. While some see promise in Meta, others believe that AI stocks offer greater potential for higher returns in a shorter timeframe. Check out a report on a promising AI stock trading at less than 5 times its earnings for more information.



Read more at Yahoo Finance: Bank Hikes META Target to $720