Analysts Revamp Forecasts: Meta to Rally 15%?
Several top Wall Street analysts have updated their forecasts for various stocks in the past few days. At Keybanc, analyst Justin Patterson has maintained an Overweight rating on Meta Platforms Inc (NASDAQ:META), while increasing the price target to $900 from its previous $780.
Hc Wainwright & Co has also made adjustments, boosting TriSalus Life Sciences Inc's (NASDAQ:TLSI) price target to $12 from $11. The firm maintained a Buy rating on this stock.
Another notable move came from Needham, which increased On Holding AG's (NYSE:ONON) price target to $40 from its previous $37.
In another significant update, Stifel analyst Brad Reback upgraded Microsoft Corp (NASDAQ:MSFT) to a Buy rating and increased the stock's price target to $575 from its previous $530. Analysts expect MSFT shares to rally more than 15% with this new forecast.