Roth Capital analyst Rohit Kulkarni raised the firm’s price target on Meta Platforms (META) to $845 from $835 and keeps a Buy rating on the shares. The company reported solid revenue upside as the Big Beautiful Bill-related taxes led to a big EPS miss, while the management also tweaked up its 2025 CapEx and OpEx range low-end, the analyst tells investors in a research note. Double barrel spend on Reality Labs and AI infrastructure creates a “sentiment air-pocket”, but investors should buy the weakness, the firm added.
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