Bernstein Upholds Outperform on Meta, Cites Strong Margins and Ongoing AI Commitments
Bernstein SocGen Group has reaffirmed an Outperform rating on Meta Platforms Inc., keeping a $870 price target that implies roughly 30% upside from the current share price. The firm highlights Meta's robust gross margins and financial standing as underwriting continued investment in artificial intelligence, even as the company appears less visible …