$Meta Platforms, Inc.(META)$ Citi is keeping its Buy rating on Meta and has added a positive 90-day Catalyst Watch ahead of Meta Connect on September 23–24. The bank expects an updated AI strategy and points to several product catalysts coming up. The AI agent Muse stands out, with recent app downloads surpassing Instagram and Facebook, along with the AI model codenamed Watermelon. Meta remains one of Citi's top picks in the internet sector, with a price target of $800.
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