This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META) has landed on Citi's 90-day upside catalyst watch ahead of its September 23 Connect event, with the bank expecting fresh AI and product updates to strengthen the case for further gains. Citi analyst Ronald Josey kept a Buy rating and $800 price target, implying about 19.4% upside from Meta's latest close, as accelerating product launches and early adoption of its Muse models bolster confidence in returns from heavy AI spending. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator.
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