Meta Platforms, Inc. (NASDAQ:META) is a top stock pick, with Wolfe Research lowering price target to $800 from $850 on January 5. Rosenblatt gave META a Buy rating with a $1,117 price target on December 30 after acquiring AI startup Manus. META products connect people through various devices and technologies.

The acquisition of AI startup Manus by Meta Platforms, Inc. (NASDAQ:META) aims to enhance AI integration across platforms. Rosenblatt sees the deal as a strategic move for META’s growth, aligning with CEO Mark Zuckerberg’s vision for AI in apps. Financial terms were not disclosed, but META plans to operate and integrate Manus services.

Meta Platforms, Inc. (NASDAQ:META) creates products for connection and community-building across devices. While META is a solid investment, other AI stocks may offer greater potential. For more insights on undervalued AI stocks, check out the best short-term AI stock report. No promotional content included.

Read more at Yahoo Finance: What Does Wall Street Think About Meta Platforms (META)?