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$META — BofA Stays Bullish Despite Legal Pressure
Meta is facing renewed attention as its California child-safety trial puts pressure on the stock. The case involves 29 state attorneys general and could lead to significant damages or changes to Facebook and Instagram.
Despite the legal overhang, Bank of America maintained its Buy rating and $810 price target, pointing to Meta’s valuation and growing AI infrastructure as key long-term strengths. 📈
📊 Market Impact: The trial remains a near-term risk, but Wall Street continues to see substantial upside if Meta’s AI investments translate into stronger future growth.
What’s Next: Investors will closely watch upcoming testimony, potential remedies, and further developments in the case.
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