Meta Platforms price target raised to $870 from $830 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Meta Platforms (META) to $870 from $830 and keeps a Buy rating on the shares as part of a broader research note previewing Q3 results in Digital Advertising names. The firm is boosting its topline growth estimates in 2026 and beyond to reflect a better than feared operating environment while also expecting Meta to moderate non-D&A total expense growth over the next few years, the analyst tells investors in a research note.