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Meta Platforms price target raised to $915 from $900 at UBS

UBS analyst Stephen Ju raised the firm’s price target on Meta Platforms (META) to $915 from $900 and keeps a Buy rating on the shares. The movement of Reality Labs revenue to Q3 from Q4 and the resulting drawdown creates a buy opportunity, the analyst tells investors in a research note. The path to lighting up several new revenue avenues remains clear, the firm says.

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