Meta Platforms price target raised to $765 from $690 at BofA

BofA raised the firm’s price target on Meta Platforms (META) to $765 from $690 and keeps a Buy rating on the shares, citing easing tariff related macro uncertainty and multiple expansion in the broader market for its increased price target Meta is in talks to acquire a non-controlling 49% stake in Scale AI for approximately $14B, according to The Information and other media sources, the analyst also noted. If the reports prove true, the deal would represent one of Meta’s most substantial investments to date and would signal the importance management places on being an AI leader, the analyst tells investors.