Meta Platforms (META) is seeing renewed analyst confidence following its Connect conference. JPMorgan raised its price target to $920 from $820, citing the potential for its Muse AI agent to become a leading consumer AI application. New partnerships with Walmart, Best Buy, and Dick's Sporting Goods will enable shopping through Muse, potentially tapping into a $30 trillion agentic shopping market. The company also unveiled new smart glasses and a $1,299 VR headset, expanding its AI and hardware ecosystem. 🔗
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Meta Made a Number of AI Announcements Last Night. Here’s What Analysts Have to Say About Them
INVESTOPEDIA.COMSep 24, 4:06 PM UTC
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