KeyBanc Resets Meta Stock Target As Muse Takes off

This article first appeared on GuruFocus. Meta Platforms (META) just picked up another bullish Wall Street call, with KeyBanc raising its price target to $900 from $780 and reiterating a Buy rating as the firm sees stronger revenue and earnings growth ahead. The roughly 15% target increase reflects what analyst Justin Patterson called a stronger revenue and EPS forecast, with early traction for Meta's Muse AI assistant strengthening confidence in the company's broader product cycle. Warning! GuruFocus has detected 2 Warning Sign with META. Is META fairly valued? Test your thesis with our free DCF calculator.META GF Value chart Muse has emerged as an important part of that argument.