Analysts Stand by Meta’s AI Push Despite $95 Billion Equity Plan Scrutiny
By PYMNTS
Source excerpt · PYMNTS
Three analysts remain bullish on Meta after the company announced plans to raise $95 billion through equity financing, though they raised questions about the company’s growing investments in artificial intelligence (AI), Seeking Alpha reported Monday (Oct. 26). Wells Fargo maintained an Overweight rating and $995 price target on Meta but remained uncertain about the company’s spending next […] The…