AI layout becomes the focus of financial reports, Morgan Stanley raises Meta's target price to $750 before earnings

Morgan Stanley analyst Brian Nowak raised the target price for Meta Platforms from $650 to $750 on July 21, maintaining an "Overweight" rating. This adjustment is based on the valuation increase in the internet industry, considering macroeconomic improvements and tariff reductions in China. The analyst pointed out that Meta's GPU machine learning technology will enhance user engagement and revenue growth. Meta needs to prove its ability to achieve the target of $30 earnings per share by 2026 and demonstrate the reasoning capabilities of the new generation Llama model. The market is focused on its progress in artificial intelligence strategy and the commercialization of generative AI products