According to Jin10, JPMorgan raised Meta's target price from $820 to $920 and said the company's newly launched Muse AI agent could become the most widely used consumer AI application after ChatGPT. Meta said on Wednesday evening that Muse can currently connect to services from Walmart, Best Buy, Sephora, and Wayfair through connectors, while Amazon is blocking the agent from accessing its marketplace. JPMorgan analysts also said Meta could eventually generate commercial revenue from the product through a revenue-sharing or commission model.
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AI TRENDS | JPMorgan Raises Meta Target to $920 on Muse AI Agent
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