Analyst Adjustments for Major Stocks: Meta Platforms and More

Recent updates from top Wall Street analysts have led to significant changes in the outlook for various major companies. This includes key adjustments for Meta Platforms, Inc. and several others. For a detailed summary of all analyst rating changes, including upgradings and downgrades, be sure to check our analyst ratings page.

• Pivotal Research has shown optimism towards Meta Platforms, Inc.. (META), increasing its price target from $800 to $875. The analyst from Pivotal Research, Jeffrey Wlodarczak, maintained a Buy rating on the stock. Notably, Meta shares finished at $676.49 on Wednesday. Interested investors should review the perspectives of other analysts on this stock as well.
• In contrast, B of A Securities has downgraded its outlook on PagerDuty, Inc. (PD) by lowering the price target from $23 to $18 and downgrading the stock from Buy to Underperform. PagerDuty shares closed at $19.38 on Wednesday, signaling a shift in analyst sentiment.
• Similarly, Barclays has decreased the price target for Lennox International Inc. (LII) from $674 to $665, although the Equal-Weight rating was unchanged. Lennox shares closed at $604.33 on Wednesday.
• On a more positive note, Needham has raised its price target for ServiceNow, Inc. (NOW) from $1,150 to $1,200, with analyst Mike Cikos affirming a Buy rating. ServiceNow shares were priced at $1,143.63 on Wednesday.
• HC Wainwright & Co. has significantly increased the price target for Cingulate Inc. (CING) from $8 to $20. Analyst Raghuram Selvaraju maintained a Buy rating, while Cingulate's stocks closed at $4.74 on Wednesday.
• Wells Fargo is optimistic about T-Mobile US, Inc. (TMUS), raising the price target from $220 to $235 and keeping an Equal-Weight rating. T-Mobile shares ended trading at $235.15 on Wednesday.
• In a negative turn, Mizuho has lowered the price target for Microsoft Corporation (MSFT) from $510 to $500 while maintaining an Outperform rating. Microsoft shares settled at $442.33 on Wednesday.
• BMO Capital significantly cut the price target for Everest Group, Ltd. (EG) from $453 to $375, also downgrading it from Outperform to Market Perform. Everest Group shares closed at $351.51.
• Telsey Advisory Group has raised the price target for V.F. Corporation (VFC) from $21 to $27, while maintaining a Market Perform rating. V.F. Corporation shares finished at $25.56.
• Finally, Jefferies adjusted its price target for Automatic Data Processing, Inc. (ADP) from $290 to $305, with analyst Samad Samana maintaining a Hold rating. ADP shares closed at $300.57.

analysts, stocks, forecasts