Scotiabank raised the firm’s price target on Meta Platforms (META) to $685 from $675 and keeps a Sector Perform rating on the shares. The company posted its largest beat in several years and the revenue comp in 1Q26 vs 1Q25 looks “much easier,” the analyst tells investors. The firm remains on the sidelines, however, until it sees progress on monetizing capex growth while also outpacing the depreciation impact on earnings.
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