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META’s AI Momentum and Strong Forecasts Keep Wall Street Bullish

Meta Platforms, Inc. (NASDAQ:META) is one of the Trending AI Stocks on Wall Street’s Radar. On October 21, Bank of America reiterated the stock as “Buy” with a 900pricetarget.Thefirmsaiditsstickingwiththetechgiantaheadofearningslaterthismonth.BofabelievesthatMetahasthepotentialforupsidedrivenbyimprovingmacroeconomicconditionsandacceleratingAIbenefits.It anticipatesMetatoreportthirdquarterrevenueof900 price target. The firm said it’s sticking with the tech giant ahead of earnings later this month. Bofa believes that Meta has the potential for upside driven by improving macroeconomic conditions and accelerating AI benefits. It anticipates Meta to report third-quarter revenue of 50.0 billion and earnings per share of $7.30, beating consensus ...