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Can Meta Stock Keep Climbing After a 30% Month? JPMorgan Raises Its Price Target

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BeInCrypto Editorial
(11:05 AM UTC)
1 min read
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Updated bySarah Chen

JPMorgan raised its price target for Meta Platforms’ stock to $920 from $820 on Thursday, maintaining an overweight rating. The bank thinks Meta’s new Muse agent could become the most widely used consumer AI app since ChatGPT.

The target implies about 18% upside from Meta’s Thursday close. It also lands one day after Meta used its Connect conference to unveil a batch of Muse upgrades.

Meta…

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