Meta Price Target Hiked To 700. 'Social King That Keeps Reinventing Itself.'

Blockhead12-18

Analysts with Truist Securities raised their price target on shares of Meta Platforms (META) Tuesday and named the Facebook parent company among the firm's favorite picks for 2025. Meta stock was ...

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Meta stock was ...</p>\n\n<a href=\"https://www.investors.com/news/technology/meta-stock-truist-analyst-hike-facebook-instagram-zuckerberg/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Price Target Hiked To 700. 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'Social King That Keeps Reinventing Itself.'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-12-18 02:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/news/technology/meta-stock-truist-analyst-hike-facebook-instagram-zuckerberg/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Analysts with Truist Securities raised their price target on shares of Meta Platforms (META) Tuesday and named the Facebook parent company among the firm's favorite picks for 2025. Meta stock was ...</p>\n\n<a href=\"https://www.investors.com/news/technology/meta-stock-truist-analyst-hike-facebook-instagram-zuckerberg/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1803068979.SGD","symbol_name":"FTIF - Franklin Technology A (acc) SGD-H1","start_time":0,"source_url":"https://www.investors.com/news/technology/meta-stock-truist-analyst-hike-facebook-instagram-zuckerberg/","article_id":"2492994906","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/01/Stock-metabuilding-01-adobe-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2492994906","pubTimestamp":1734460777,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Analysts with Truist Securities raised their price target on Meta stock to 700 and named the company among their top picks.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1803068979.SGD":"FTIF - Franklin Technology A (acc) SGD-H1","LU1261432733.SGD":"Fidelity World A-ACC-SGD","LU1935042991.SGD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME  \"AA\" (SGDHDG) INC","BK4527":"明星科技股","BK4579":"人工智能","LU1804176565.USD":"EASTSPRING INV GLOBAL GROWTH EQUITY \"A\" (USD) ACC","BK4588":"碎股","IE00BKPKM429.USD":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","LU2237438978.USD":"Amundi Funds US Pioneer A2 (C) USD","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4587":"ChatGPT概念","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","LU1868836757.USD":"CT (LUX) I AMERICAN FUND \"2\" (USD) ACC","LU0795875086.SGD":"JPMorgan Investment Funds - Global Income A (div) SGD","BK4551":"寇图资本持仓","LU0097036916.USD":"贝莱德美国增长A2 USD","LU1935043023.USD":"MANULIFE GF GLOBAL MULTI-ASSET DIVERSIFIED INCOME \"AA\" (USD) INC A","LU0106261372.USD":"SCHRODER ISF US LARGE CAP \"A\" ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU2361045086.USD":"WELLINGTON US QUALITY GROWTH \"A\" (USD) ACC","META":"Meta Platforms, Inc.","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU1861558580.USD":"日兴方舟颠覆性创新基金B","LU1778281490.HKD":"HSBC GIF GLOBAL LOWER CARBON EQUITY \"AD\" (HKD) INC","DASH":"DoorDash, Inc.","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","LU0882574139.USD":"富达环球消费行业基金A ACC","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU1815333072.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"AUP\" (USD) INC","LU0289941410.SGD":"AB FCP I Dynamic Diversified AX SGD","LU2362541273.HKD":"WELLINGTON NEXT GENERATION GLOBAL EQUITY \"A\" (HKD) ACC","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","SG9999017495.SGD":"UGDP UNITED GLOBAL QUALITY GROWTH \"B\" (SGD) ACC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","AMZN":"亚马逊","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","USAW.SI":"AMZN 3xLongSG261006","LU1267930730.SGD":"富兰克林美国机遇基金AS Acc SGD (CPF)","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU1791710582.SGD":"Fidelity Global Demographics A-ACC-SGD (SGD/USD hedged)","LU2430703178.SGD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4H\" (SGDHDG) INC","LU0444973449.USD":"CT (LUX) I GLOBAL TECHNOLOGY \"DU\" (USD) ACC","LU2461242641.AUD":"WELLINGTON US QUALITY GROWTH \"A\" (AUDHDG) ACC","BK4566":"资本集团","GB00B4QBRK32.GBP":"FUNDSMITH EQUITY \"R\" (GBP) INC","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC"},"translate_title":"Meta目标价上调至700点。“不断重塑自我的社交之王。”","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMZN":1,"META":1,"DASH":1,"USAW.SI":0.6},"content_text":"Analysts with Truist Securities raised their price target on shares of Meta Platforms (META) Tuesday and named the Facebook parent company among the firm's favorite picks for 2025. Meta stock was trading flat in recent action.\nA team of Truist analysts led by Youssef Squali set a price target of 700 for Meta stock in a client note Tuesday, up from 650. The change was based on extending Truist's existing discounted cash flow analysis for shares of the Facebook and Instagram owner out to a sixth year, according to the note. But the analysts also published a separate note that rated Meta among their top picks for 2025. Squali called Meta the \"social king that keeps reinventing itself.\"\n\n\n\n↑\nX\n\n\n\n\nZuckerberg Is Investing Billions On AI. Why It's A Make-Or-Break Moment For Meta.\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nZuckerberg Is Investing Billions On AI. Why It's A Make-Or-Break Moment For Meta.\n\n\n\n\n\"Even at 3 billion-plus daily active users, Meta's Family of Apps is seeing growth in users and engagement, reflecting sticky apps powered by improving personalization and recommendation models, and advertising solutions that are driving superior (return on spending) for marketers,\" Squali wrote.\nOn the stock market today, Meta stock is flat, last down a fraction at 623.11.\nMeta's Big Spending On AI\nMark Zuckerberg-led Meta had gained 77% through the end of last week, which Trust analysts said was the top performance among the megacap stocks the firm covers.\nMeta derives nearly all its revenue from advertising. The tech giant is projected to post 21% revenue growth this year, which Truist's report noted is outpacing digital ad industry growth of 15%. Squali expects Meta's revenue growth to outpace the industry again in 2025, at 15% compared to 13.5%.\nSquali said improving monetization from its Reels product will help that growth. He is also bullish on the opportunity for Meta to provide AI agents for businesses.\nOne factor to watch is the company's spending on artificial intelligence.\n\"We estimate capital expenditure growth in FY25 at more than 25%, following more than 45% in FY24 by our estimate to further build up its AI capacity/capability,\" Squali wrote. \"AI-driven recommendation and ranking algorithms are already driving higher ad conversion and pricing,\" he said. \"And we see more runway in 2025 from the launch of successive versions of (Meta's AI product) Llama, which should power a growing roster of capabilities across agents, commerce and services,\" he added.\nBut that spending does provide at least some risk to Meta's free-cash-flow, the report added, particularly if economic conditions weaken.\nTruist's other top picks were Amazon (AMZN) and DoorDash (DASH).\nMeta Stock Near Record High\nMeta stock has pulled back slightly from a record high of 638.40, which the company's shares reached Dec. 11.\nMeta also notched a record high Friday for a fourth straight trading day.\nShares of the Facebook parent broke out from a flat base chart pattern with a 3.5% gain on Dec. 3 and remain in a 5% buy zone.\nMeta has gained 76% year to date. The social media giant's stock has a 98 out of a perfect 99 IBD Composite Rating, per IBD Stock Checkup. It is the highest-rated stock out of 69 members in the internet content group tracked by IBD.\nYOU MAY ALSO LIKE:\nZuckerberg Bets Big On AI Smart Glasses. But Can Meta Outfox Apple And Google?\nIBD Live: Learn And Analyze Growth Stocks With The Pros\nGet Timely Buy & Sell Alerts With IBD Leaderboard\nTop Growth Stocks To Buy And Watch\nLearn How To Time The Market With IBD's ETF Market Strategy","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2492994906"}