Wedbush Adds META to Best Ideas List, Reiterates Outperform and $920 Price Target
Meta Platforms, Inc. (NASDAQ:META) is one of the AI Stocks Analysts are Tracking Closely. On November 13, Wedbush added the stock to its “Best Ideas List”; keeping an Outperform rating and a $920 price target. The firm sees more upside in Meta driven by robust core ad growth, AI hardware momentum, and optimism fueled by Meta AI and Superintelligence Labs. While there has been caution surrounding Meta’s expense and capex outlook, the company’s spending stands “justified,” considering how AI capabilities h ...