Meta Platforms stock surges 8% on cloud business plans

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Go back to Meta Platforms stock surges 8% on cloud business plans

BofA on Meta Platforms Inc. (META): 'AI capacity is valuable, maintain Buy'

July 2, 2026 5:11 AM EDT

BofA Securities analyst Justin Post reiterated a Buy rating and $835.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "Overall, Meta has track record of technology innovation and we see room for multiple expansion as model improvements (more advanced LLM expected in... More

Jefferies on Meta Platforms Inc. (META): 'We are bullish'

July 1, 2026 1:51 PM EDT

Jefferies analyst Brent Thill reiterated a Buy rating and $825.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "We are bullish on reports that META is entering cloud biz. Overbuild narrative is backward: META is late to AMZNs AWS playbook,... More

BMO Capital on Meta Platforms Inc. (META): 'incrementally positive on the shift towards an ROI-generating business'

July 1, 2026 1:35 PM EDT

BMO Capital analyst Brian J. Pitz reiterated a Market Perform rating and $720.00 price target on Meta Platforms Inc. (NASDAQ: META).

The analyst comments "META shares have reacted positively to reports that META will begin a cloud business in which it will sell its... More