Stocks & indices
Meta's stock price target raised after Muse AI agent debut
JPMorgan raised its price target for Meta Platforms, calling the company's new Muse AI agent potentially the biggest AI product since ChatGPT.
Muse was unveiled at Meta's Connect conference on Wednesday night and, according to MarketWatch, has been one of the drivers of tech-sector stock gains this week.
For beginners When analysts raise a stock's price target, it means they expect the company to be worth more in the future — usually because they've revised revenue or profit forecasts upward after a new product launch.