Meta falls as massive AI infrastructure spending plans overshadow chip progress
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Wolfe Research on Meta (META): 'We believe META will need to prove incremental, durable non-Ad revenue sources'
July 9, 2026 9:57 AM EDTWolfe Research analyst Shweta Khajuria reiterated an Outperform rating and $800.00 price target on Meta Platforms Inc. (NASDAQ: META).
The analyst comments "Last week we published our note (META Compute: Sign of Rising CapEx & Potential Capital Raise) with our view that... More
