Meta Platforms price target raised to $915 from $900 at UBS

UBS analyst Stephen Ju raised the firm’s price target on Meta Platforms (META) to $915 from $900 and keeps a Buy rating on the shares. The movement of Reality Labs revenue to Q3 from Q4 and the resulting drawdown creates a buy opportunity, the analyst tells investors in a research note. The path to lighting up several new revenue avenues remains clear, the firm says.