RBC Capital reiterates Meta stock Outperform rating on AI opportunity

RBC Capital reiterated an Outperform rating and $810.00 price target on Meta Platforms Inc. (NASDAQ:META), suggesting significant upside from the current price of $632.51. The stock appears undervalued according to InvestingPro analysis, placing it among promising opportunities on the platform’s Most Undervalued list. The firm believes Meta sits at the intersection of two trends that could accelerate accessible total addressable market expansion in the coming years: differentiated compute capaci