RBC Capital reiterates Meta stock Outperform rating on AI opportunity

> RBC Capital reiterated an Outperform rating and $810.00 price target on Meta Platforms Inc. (NASDAQ:META), suggesting significant upside from the current price of $632.51. The stock appears undervalued according to InvestingPro analysis, placing it among promising opportunities on the platform’s Most Undervalued list.

> The firm believes Meta sits at the intersection of two trends that could accelerate accessible total addressable market expansion in the coming years: differentiated compute capacity enabling identification and capture of unexpressed demand and an explosion in AI-enabled entrepreneurialism.

> https://www.investing.com/news/analyst-ratings/rbc-capital-reiterates-meta-stock-outperform-rating-on-ai-opportunity-93CH-4719248