Meta Platforms Analysts Opinions

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Overweight, $640->$796: Wells Fargo said it believes Meta now has a story to tell heading into Meta Connect conference. Analyst Ken Gawrelski pointed to an unprecedented download and active user trajectory for Meta’s Muse during its first 12 days in the U.S. According to SensorTower data, Muse recorded 264,000 U.S. downloads on September 19, its third consecutive day above 200,000, while daily active users reached 448,000 just 10 days after launch, compared with ChatGPT, which took nearly a year to surpass 200,000 daily U.S. downloads and 49 days to reach 450,000 DAUs.

https://www.streetinsider.com/General+News/Meta+AI+agent+‘Muse’+triggers+massive+tech+rally+as+chips+and+Wall+Street+soar/27084411.html