Oppenheimer Reiterates Perform Rating on Meta Platforms Following Wave of Brokerage Updates

Oppenheimer reiterated a neutral Perform rating on Meta Platforms Inc. on Sept. 25, citing a balanced risk-reward profile amid ongoing artificial intelligence capital expenditures. The update follows a series of analyst actions on Sept. 24, where Morgan Stanley maintained an Overweight rating with a $775.00 price target and William Blair reaffirmed an Outperform rating. RBC Capital also reiterated an Outperform rating with a $770.00 price target, while BMO Capital took a more measured stance by reiterating a Market Perform rating with a $580.00 target.