Freedom Capital raised the firm’s price target on Meta Platforms (META) to $825 from $800 and keeps a Buy rating on the shares. Meta delivered a “strong” Q4, beating consensus across all key metrics, as record holiday-season demand and AI-driven improvements in ad efficiency accelerated top-line growth, the analyst tells investors. Robust ad revenue growth along with explicit profit growth commitments reassured investors that the capex ramp is “disciplined and accretive,” the analyst added.
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