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Analysts update Meta stock price for the next 12 months

Image: Finbold

After unveiling its latest artificial intelligence ( AI ) model, Muse Wonder, Meta Platforms’ (NASDAQ: META ) stock benefited both from investor enthusiasm and from a list of new and universally bullish Wall Street price target revisions. Indeed, three prominent analysts updated their outlook for META shares on Monday, October 12. Bank of America’s (NYSE: BAC ) Justin Post issued a positive recommendation and set his stock price forecast at $810 – 9.02% above the latest closing price of $742.96.

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