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Meta Platforms price target raised to $900 from $750 at Citizens JMP

Citizens JMP raised the firm’s price target on Meta Platforms (META) to $900 from $750 and keeps an Outperform rating on the shares. The company reported a “beat and raise” Q2 as artificial intelligence is improving every aspect of Meta’s business, the analyst tells investors in a research note. The firm believes Meta is “uniquely positioned” to benefit from AI.

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