Meta gets price-target boost as JPMorgan says Muse agent has potential to become the top AI application since ChatGPT
Meta showcased its new Muse AI agent and other products at its Connect conference on Wednesday night. Following the event, JPMorgan raised its price target on the company, noting that Muse has the potential to become the top AI application since ChatGPT.
Why it matters — A Meta watcher would care because analyst commentary around its new Muse AI product highlights growing attention on Meta's AI initiatives and their potential impact on the company's outlook.