Meta Stock Could Hit $800 This Year -- And It All Begins on Sept. 23

Citi is betting on a strong few months for Meta Platforms (META). It kept its Buy rating and an $800 price target, and placed the stock on a 90-day upside catalyst watch. The reason is Meta’s Connect event on Sept. 23, where new AI products and hardware are expected. The target implies about 19% upside. Analyst Ronald Josey expects updates on Muse, Meta’s new family of AI models, plus its next-generation models and smart glasses plans. The analyst is confident that Meta’s heavy AI spending will pay off due to faster product rollout and early Muse adoption.

What Investors Should Really Watch at Connect