Meta Surges to $669 as BofA Adds It to Top Buys List

Meta Platforms shares rallied sharply to close around $669 on July 10, marking their biggest gain since April 2025 and making the stock the top performer in the S&P 500 and Nasdaq 100. The move followed Bank of America's addition of Meta to its US 1 List of best ideas with a reiterated $835 target, building on Erste Group's July 7 upgrade from Hold to Buy. Analysts including BNP Paribas and KeyBanc reinforced bullish views, citing 27-29% Q2 revenue growth, AI monetization potential, and a $9.1 billion Alberta data center. The stock has now climbed 16.32% in two weeks despite remaining down modestly year to date, trading at 17x forward earnings.