Citi analyst Ronald Josey reiterated a Buy rating and $800.00 price target on Meta Platforms Inc. (NASDAQ: META).

The reiteration follows Meta's launch of its Muse Wonder models, including Muse Wonder and Muse Wonder Full, which the analyst said add reasoning and reliability capabilities along with Active Memory and Active Focus features. The models are expected to power Meta's Muse platform, initially for subscribers, and are intended to support professional and enterprise workflows.

Josey noted that the Wonder models are launching as Google's Gemini 4 Argon enters the market. He also cited the potential for Meta's compute capacity to double in 2027 as a factor in the outlook for product launches across its personal and professional product roadmap.

Shares of Meta Platforms closed at $742.96 prior to the announcement.