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Thursday's analyst calls: Meta Platforms earnings reaction, GE spinoff gets big upgrade

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Stock Markets,GE Vernova Inc,Meta Platforms Inc

A tech giant and an energy spinoff were among the stocks being talked about by analysts on Thursday.

Analysts gave their assessment of Meta Platforms' latest quarterly report, which exceeded Wall Street earnings and revenue expectations. Meanwhile, Morgan Stanley upgraded GE Vernova to overweight . Check out the latest calls and chatter below. All times ET. 6:08 a.m.: Wells Fargo stands by American Express as top consumer finance pick American Express stands out among its peers, according to Wells Fargo. The bank stood by the payment cards operator as its top pick within consumer finance.

mountain META pops Analysts at Goldman Sachs, Citi, Barclays and Bank of America stood by their buy- or overweight-equivalent ratings and raised their price targets across the board. Goldman Sachs and Barclays raised their forecasts to $555, implying upside of 17%. Bank of America lifted its price target to $563 from $555, while Citi increased its target to $580 from $555. Bank of America listed Meta as one of its top AI plays within the consumer internet space.

 

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