Tigress Financial raised the firm’s price target on Meta Platforms (META) to $935 from $645 and keeps a Strong Buy rating on the shares. The firm, which views Meta as having “tremendous AI-driven opportunities” for personalized AI-driven functionality across its platform of apps, sees “significant upside,” driven by the ongoing potential to monetize many of its critical applications and technologies, including Instagram, Messenger, and WhatsApp. The firm notes that its raised 12-month target of $935 represents a potential return with dividends of over 30% from current levels.
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