BMO Capital Maintains Outperform on Spartan Delta, Raises Price Target to C$19

BMO Capital analyst Brian Pitz reiterated a Market Perform rating for Meta Platforms with a price target of $450, highlighting the growing pressures on social media platforms to increase creator payouts to retain quality content. Pitz noted that enhancing payouts for longer-form content could raise Meta's annual revenue costs by $3-5 billion.