JPMorgan raised its price target for Meta Platforms (META. O) to $600 from $480

JPMorgan Chase raised its price target for Meta Platforms (META. O) to $600 from $480.
Previously, according to CNBC, Meta's second quarter 2024 earnings report released on Wednesday showed that its revenue in the second quarter of this year was $39.07 billion, and the company's meta-universe business Reality Labs division suffered an operating loss of $4.48 billion.