Meta Platforms, Inc. is highlighted as one of the AI Stocks Analysts Say You Should Watch Closely. A Citizens JMP analyst reiterated a Market Outperform rating and $900.00 price target on the stock. Meta is opening Reels trending ads to all advertisers, showing a 20% increase in unaided awareness.

The firm believes Meta is set for continued growth in its advertising business. Meta will test Advantage+ catalog ads and app ads campaigns on Threads, which has 400M+ MAUs. Threads is seen as an under-monetized asset with significant potential for driving performance for advertisers.

While acknowledging Meta’s investment potential, some AI stocks may offer greater upside potential and lower downside risks. For more information on undervalued AI stocks, check out the report on the best short-term AI stock. Explore more AI stocks to watch and trending AI stocks on Wall Street for investment opportunities.

Read more at Yahoo Finance: Meta (META) Stock Backed With $900 Price Target as Reels Ads Expand