Wells Fargo raises META target ahead of Meta Connect, signaling upside
Sep 21, 2026, 11:25 AM EDT12 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Analysts lifting targets (Wells Fargo to $796; Citi to $800; Rosenblatt $886) and a strong event catalyst imply potential near-term multiple expansion; 6.8% intraday rise confirms positive price reaction historically seen when targets move higher on event-driven catalysts.
AI summary
What happened, with direct paths to the underlying reporting
Wells Fargo lifted META's price target to $796 as investors await Meta Connect this week. The event and Muse, Meta's new personal AI agent, could unlock higher engagement and monetization if adoption scales. The stock rose about 6.8% to around $711, supported by bullish analyst revisions.
Wells Fargo raises META price target to $796; maintains Overweight.
Meta Connect event kicks off Sept 23-24; Muse AI agent unveiled.
Citi maintains Buy with $800 target; Rosenblatt targets $886.
META shares jump about 6.8% to ~$711 as guidance improves.
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