Since J.P. Morgan upgraded Meta's rating on September 10, the bank has remained bullish on Meta's development. Within two weeks of the Muse app's launch, Meta's stock price has surged by 21%, far outpacing the S&P 500 index, which only rose by 1% during the same period. Currently, Muse has topped the free app download chart on the U.S. App Store, with weekly downloads continuing to grow. Early user trends indicate strong product-market fit, and the free token allowance provided by the platform lowers the barrier to entry. J.P. Morgan believes that Muse is poised to become the most widely used consumer AI application after ChatGPT, thus reiterating its overweight rating on Meta with a target price of $820. The bank noted that in the short term, the market will focus on the increase in user adoption and engagement for Muse, with more significant growth in user subscriptions expected next year, when its monetization will also become clearer.