TD Cowen initiates Meta at Buy with $865 price target, citing strong 3Q26 ad spend

TD Cowen initiated Meta at Buy with a $865 price target, citing 3Q26 agency spend up 17% year-over-year, impressions up 2% and pricing up 14% — the strongest pricing since 1Q22. Core Facebook grew 16% and Instagram 18%.

Detected & updated continuously · Source: Nebula