UBS research report raised Meta's (META.US) target price from US$683 to US$812, given the company's potential to generate more revenue through various AI products in the long term, particularly Business Messaging and Meta AI mentioned by CEO Mark Zuckerberg in the 1Q report. Moreover, the broker foresaw Meta may not face the risk of corporate AI spending miss, as the company is a user of its own technology. Thus, the broker had fewer concerns about capacity demand absorption and maintained a Buy rating.(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)Related NewsInitial Jobless Claims for Jun/21 in United States is 236.0K, lower than the previous value of 246.0K. The forecast was 245K.