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Truist says Meta has found its next $20 billion business

Analysts at Truist estimate Meta’s new subscription model could generate over $20 billion in revenue by 2030.

Shares of Meta Platforms are set to surge as the company develops new sources of revenue, including subscriptions, according to Truist. The firm reiterated its buy rating on Meta, maintaining its price target of $840. That implies nearly 44% from Mon… [2106 chars]

Source: CNBC | Published: 2026-06-09T16:12:01Z

Credit: CNBC

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