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Meta Stocks Fall 2.11% Despite Wells Fargo's $1,000 AI Target
GuruFocus ·
GuruFocus reports: Meta Platforms , the social-media and AI-platform company, received a $1,000 price target from Wells Fargo, up from $796, but shares traded around $723.31, down approximately 2.11% at 10.20 EST on October 7. The bank kept its Overweight rating. That target puts roughly 38% upside on the table. The valuation chart also shows shares 16.12% below the $862.34 GF Value estimatea valuation gap, not a guaranteed rebound. The bullish case comes with a near-term bill. According to…