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

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JPMorgan raised its price target for Meta Platforms stock to $920 from $820 on Thursday, maintaining an overweight rating. The bank believes 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. The announcement came one day after Meta unveiled the Muse agent.

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