Wall Street Analysts Upgrade META, SFNC, OBIO, CAT Amid Market Shift

A number of top Wall Street analysts have changed their outlook on various stocks, including Meta Platforms Inc. (NASDAQ:META), according to a report from Benzinga.

One such analyst is JP Morgan's Doug Anmuth, who has upgraded META from Neutral to Overweight and raised the price target from $640 to $820. This change comes after META shares closed at $653.69 on Wednesday.

In addition to this upgrade, other analysts have also changed their outlooks on various stocks. For example, Keefe, Bruyette & Woods analyst Wood Lay has upgraded Simmons First National Corp (NASDAQ:SFNC) from Market Perform to Outperform and maintained the price target of $26. This change comes after SFNC shares closed at $22.92 on Wednesday.

Other upgrades include BTIG analyst Marie Thibault's upgrade of Orchestra Biomed Holdings Inc (NASDAQ:OBIO) from Neutral to Buy, with a price target of $10. Freedom Broker analyst Sergey Glinyanov has also upgraded Caterpillar Inc (NYSE:CAT) from Hold to Buy, with a price target of $980.