Jim Cramer discussed Meta Platforms, Inc. (NASDAQ:META), highlighting the stock’s flat performance and increased capital expenditure guidance. Bank of America reiterated a Buy rating with a $810 price target. Cramer defended the spending as necessary to protect against OpenAI. He noted the stock should be up despite recent declines.

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Read more at Yahoo Finance: Meta (META)’s Shares Are Down Because It’s A Lone Wolf, Says Jim Cramer