finance.yahoo.com

JPMorgan Upgrades Meta to Overweight as Muse Reaches No. 3

JPMorgan Chase logoJPMorgan Chase
Sig1.35Sen+2.10Env0.00Soc0.00Gov0.00
Meta Platforms (Facebook) logoMeta Platforms (Facebook)
Sig1.90Sen+6.80Env0.00Soc+0.90Gov+1.20

JPMorgan upgraded Meta to overweight from neutral and raised its December 2027 price target to $820 from $640. The move follows Meta’s AI agent Muse ranking third in the US app store on its second day, with early usage running at about 10x the training cohorts. Meta’s stock rose on the update, with analysts expecting consumer-driven AI products to leverage its roughly 4B user base.

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