Update: Wedbush Adjusts Price Target on Meta Platforms to $650 From $595, Keeps Neutral Rating

12:11 PM EDT, 09/11/2026 (MT Newswires) -- (Updated to include Wedbush commentary) Wedbush raised its price target on Meta Platforms (META) to $650 from $595 following the company's release of its AI agent Muse earlier this week. According to the brokerage, the consumer AI agent is a key step forward on AI product execution, but establishing product-market fit will take time, as this is a brand-new-to-world product that requires educating consumers on what an agent can do for them. The brokerage estimates Muse subscriptions can be around $5 billion in 2027, representing roughly 1.5% of its total revenue estimate. For Business AI, its base case 2027 revenue estimate stands at around $1B. Meta Platforms has an average rating of buy and mean price target of $748.72, according to analysts polled by FactSet. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us) Price: 652.20, Change: +7.82, Percent Change: +1.21