Monness Crespi Hardt & Co. has raised its target price for Meta Platforms from $730 to $830, citing the market's positive reception of its Muse AI agent product. Analyst Brian White noted that previously, Meta struggled to provide compelling evidence to investors throughout much of 2026 that its massive capital expenditures and high compensation packages at Meta Superintelligence Labs would enhance the company's competitiveness in the AI sector. However, the early progress of Muse and Meta's unveiling of its personal AI agent vision last week have led to a more positive market perception of the company.
