Meta Platforms (NASDAQ:META) Receives "Overweight" Rating from KeyCorp
KeyCorp has reiterated an "Overweight" rating for Meta Platforms (NASDAQ:META) with a $760 price target, suggesting a 25.16% upside despite the stock dropping 9.2% after a strong Q1 beat due to raised 2026 CAPEX guidance for AI data centers. Institutional ownership remains high at 79.9%, with significant purchases from firms like Vanguard and Norges Bank, even as some insiders have sold shares. The consensus analyst rating for Meta is a "Moderate Buy" with an average target price of $830.24, reflecting mixed analyst reactions to Meta's aggressive AI investment strategy.
https://www.marketbeat.com/instant-alerts/meta-platforms-nasdaqmeta-receives-overweight-rating-from-keycorp-2026-04-30/