4 Announcements fuel the Meta Stock. Is My $1,000 Price Target Too Conservative?

Meta delivers impressive quarterly results and rises by 12% in pre-market trading.
My $1,000 price target could already be reached this year (current price: $775).
Simon Betschinger
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S. Betschinger
Reading Time: 1 minute

Four announcements from yesterday's earnings call by Mark Zuckerberg I would like to highlight: Announcement 1: Mark Zuckerberg says, "We are developing personal superintelligence for everyone in the world.” His vision is that artificial superintelligence will help each person expand their abilities and achieve personal goals. Announcement 2: Already 1 billion people use Meta AI monthly. Mark Zuckerberg announces plans to gradually improve the experience of his users with artificial intelligence. I see enormous monetization potential for...

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