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$META PT Raised to $850 at Canaccord Genuity
Just in: Cantor Fitzgerald raises Meta Platforms $META price target to $828 from $807, maintaining an Overweight rating. Analyst sees potential for strong Q2 results and EPS growth by 2026. #Meta #StockMarket
Just in: Canaccord raises Meta Platforms $META price target to $850 from $825, maintaining a Buy rating. Meta remains a top digital ad pick with growth in Reels, Shopping, and AI-driven ad improvements. #Meta #DigitalAdvertising
Meta Platforms received twin target-price increases on Wednesday as Wall Street analysts flagged continued strength in the company’s digital advertising franchise ahead of its second-quarter results later this month. Cantor Fitzgerald reiterated its Overweight recommendation and lifted its 12-month objective to $828 from $807, saying it expects “decent upside” to consensus revenue and earnings forecasts thanks to outperformance in the core ads business despite lingering tariff-related macro uncertainty. Canaccord Genuity separately reaffirmed a Buy rating and raised its target to $850 from $825, calling Meta its top pick in digital advertising and citing growth in Reels, Shopping and AI-driven ad tools as catalysts for earnings through 2026.
