Piper Sandler Raises Meta Price Target to $875 Following Multi-Firm Upgrades

Meta Platforms is seeing widespread target price increases across Wall Street, with Piper Sandler lifting its target to $875 from $785. The revision follows a series of increases by Tigress Financial to $995, Citizens to $885, Raymond James to $860, and Jefferies to $875, reflecting analyst confidence in digital advertising momentum and artificial intelligence investments. Meta shares advanced 4.50%, or $33.49, to $777.59 in late September trading, building on an earlier rally where call option buyers saw gains of up to 122%.