Wells Fargo raises Meta price target to $1,000 on agent products
Wells Fargo lifted its Meta price target to $1,000, and the poster argues Meta's agent products such as Muse will benefit from AMD chips.
BREAKING $AMD | $META MASSIVE $1,000 PT Upgrade | Overweight 🆕🚀🚀🚀 Wells Fargo analyst Ken Gawrelski maintains Meta Platforms (NASDAQ:META) with a Overweight and raises the price target from $796 to $1000. In this CNBC interview, u will hear Ken view on this upgrade. This is a wild upgrade haha. Precisely what I predicted in 2024-2025, how @Meta @Muse gonna do very well on Agentic products powered by AMD CPUs! AMD and META shareholders gonna do very well in the next 3-5 years! Source: CNBC
This post quotes another post: “Muse gives each user a Linux VM, driving up CPU demand”