Meta Platforms (META) experienced a significant 11.11% increase in its stock price, reaching $670.11. This surge prompted multiple analysts to raise their price targets for the company to between $800 and $835. An analyst maintained an Overweight rating with a target price of $800, highlighting Meta's AI strategy and potential for new business growth. Meanwhile, BofA Securities reiterated a Buy rating with an $835 target, suggesting that the market may be underestimating the cost-saving potential of AI infrastructure.