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

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.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Meta Platforms, Qualcomm, Arm Holdings and moreSee which stocks are posting big moves after the bell.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Alphabet, Tesla, Texas Instruments, Meta Platforms and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »