Wells Fargo raised the firm’s price target on Meta Platforms (META) to $811 from $783 and keeps an Overweight rating on the shares following quarterly results. The firm notes that the company delivered more of everything than was expected. Notably, more near-term revenue/EPS and early look to 2026 OpEx/CapEx that is considerably more than expected. Wells also highlights that robust growth outlooks offset investment, driving investor EPS expectations modestly higher for 2026/2027.
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