Meta extends gains after Muse Wonder models launch

Meta Platforms

13/10/2026 18:39

** Social media firm Meta's META.O shares rise 2.2% to $759.35 
** Stock extends gains after 3.4% climb on Monday after co released Muse Wonder and Muse Wonder Full, calling them its most capable AI models yet
** Muse Wonder to power co’s personal AI agent, while the more powerful Wonder Full is available to Muse Code subscribers 
** Truist Securities raises co’s PT to $1,000 from $763 and Pivotal Research lifts PT to $930 from $790 
** Citigroup says the new model could help strengthen Muse's performance, efficiency and create new personal superintelligence experiences 
     ** 56 of 63 brokerages rate the stock "buy" or higher, 6 "hold", and 1 "sell"; median PT $800 — data compiled by LSEG
     ** Including session's move, META up ~15% YTD

 (Reporting by Jayasree Prabhu)
 ((jayasree.prabhu@thomsonreuters.com))