Investing.com -- Goldman Sachs reiterated a bullish stance on Meta Platforms in a note Monday, telling investors that the launch of the Muse AI agent and a recent legal settlement have created a clearer path of catalysts for the stock. The bank maintained a Buy rating and $725 price target on the stock, saying it now holds its positive view "with increased conviction" and sees "a clearer catalyst path for the shares going forward" after the settlement and Muse launch. Goldman noted that the consumer AI landscape is undergoing a fundamental shift from passive chatbots to proactive, autonomous agents capable of executing real-world tasks such as travel booking, shopping and bill negotiation.
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