Analyst revises Meta stock price target
Meta Platforms Inc. (NASDAQ: META) has received a significant boost in investor confidence as Jefferies analyst Brent Thill reiterated a “Buy” rating on the stock while raising the price target to $675.
Thill’s bullish stance centers on Meta’s strategic hiring of Clara Shih, the former CEO of AI at Salesforce (NYSE: CRM), and the establishment of its new Business AI group.
According to Thill, Meta’s latest moves reflect its commitment to becoming a frontrunner in the AI revolution, especially in monetizing AI for business applications.
“Clara’s experience at Salesforce, particularly with building Agentforce, should be highly beneficial as META develops generative AI tools and agents for the over 200…
