Meta Platforms $META price target raised to $796 from $640 at Wells Fargo
Wells Fargo raised the firm's price target on Meta Platforms to $796 from $640 and keeps an Overweight rating on the shares.
Entering Meta Connect conference with product momentum following successful model releases and early traction on Meta Muse assistant, the firm believes Meta now has a story to tell.
Though early, Wells expects focus on usage stats of Muse assistant and models.