A federal judge ruled in favor of Meta Platforms, Inc. (META) against the FTC’s charges of social networking monopoly. The FTC argued that Meta suppressed competition by acquiring competitors and suggested restructuring or selling Instagram and WhatsApp for fair competition. This win is good news for tech giants like Amazon facing similar FTC cases.

Cantor Fitzgerald lowered Meta Platforms, Inc.’s (META) price target to $720 from $830, maintaining an ‘Overweight’ rating. Analysts are positive about META’s potential, with Saken Ismailov upgrading the stock to ‘Buy’ from ‘Hold’ with a price target of $800. META, founded in 2004, develops products for sharing and connecting on various devices through its Family of Apps and Reality Labs segments.

While META shows promise as an investment, other AI stocks may offer greater upside potential and less downside risk. For insights on undervalued AI stocks that could benefit from current trends, check out the free report on the best short-term AI stock. Stay informed with articles on the best and worst Dow stocks and 10 unstoppable stocks that could double your money.

Read more at Yahoo Finance.: Why Meta Platforms, Inc. (META) Is Under Analyst Spotlight