Both Citizens JMP and BofA Securities have reiterated their positive outlook on Meta, maintaining a price target of $900. BofA anticipates Meta will unveil new hardware innovations at the upcoming Connect Developer Conference, with a focus on mixed-reality glasses and AI capabilities. Additionally, the Federal Trade Commission has launched an inquiry into the impact of AI chatbots on children, targeting several companies, including Meta. This inquiry seeks to understand the safety measures these companies have implemented for young users of AI-powered chatbots. These developments highlight a period of strategic expansion and regulatory scrutiny for Meta. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.