Meta Platforms hosted its annual Meta Connect 2026 event on September 23. The company revealed the Luna smart glasses, a camera-free model designed to address privacy concerns.
Meta also introduced updates to its Muse AI assistant. New commercial partnerships with Shopify and Instacart aim to establish Muse as a primary revenue engine.
KeyCorp raised its price target for Meta to $900 following the announcements. Jefferies and Bank of America maintained Buy ratings with increased price targets.