Cantor Fitzgerald Lifts Meta Platforms Target to $860, Citing Strong Q4 and AI Tailwinds
Cantor Fitzgerald increased its price target on Meta Platforms to $860 from $750 and maintained an Overweight rating following a fourth-quarter performance that exceeded expectations. The firm pointed to robust margins and meaningful benefits from AI deployments across Meta's core businesses, and raised its fiscal 2027 revenue and EPS forecasts. Se…