BofA raised the firm’s price target on Meta Platforms (META) to $900 from $775 and keeps a Buy rating on the shares after a “robust” Q2 beat and “strong” Q3 outlook. The firm, which is raising estimates to reflect higher users, usage and monetization, forecasts 2025 revenue and EPS of $199B and $29.73, respectively. For 2026, it raised its revenue forecast to $237B and its EPS view to $32.63.
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