Bank of America Raises Meta Stock Price Target After Strong Q1 Earnings
Meta Platforms (META) reported strong first-quarter earnings in April 2026 with a significant beat on both revenue and EPS. Despite the positive results, shares fell post-earnings due to concerns over rising capital expenditures for AI development. Bank of America analyst Justin Post raised his price target from $820 to $835 while maintaining a 'buy' rating.
Topics: AI investment Bank of America analyst upgrade Earnings Report Q1 2026 Meta Platforms