Meta Platforms Inc. (NASDAQ: META): Wells Fargo initiated coverage with an Equal Weight rating. Its price target is $276, and the consensus target is $274.98. The stock closed on Wednesday at $263.60.
Monster Beverage Corp. (NASDAQ: MNST): Piper Sandler started coverage with a Neutral rating and a $60 price target. The consensus target is $61.09. The stock closed on Wednesday at $56.90.
New Fortress Energy Inc. (NASDAQ: NFE): As BofA Securities lowered its Buy rating to Neutral, its price target fell to $31 from $59. The consensus target is $54.33. Wednesday’s $31.49 close was up over 5% for the day.
Pinterest Inc. (NYSE: PINS): Wells Fargo started coverage with an Equal Weight rating. The firm’s $23 price target is much less than the $28.59 consensus target. The stock closed on Wednesday at $24.35.
Snap Inc. (NYSE: SNAP): Wells Fargo started coverage with an Equal Weight rating and a $10 price target. The consensus target is $9.22. Wednesday’s close at $10.19 was down over 3% on the day.
Solid Power Inc. (NASDAQ: SLDP): Wolfe Research downgraded the stock to Underperform from Peer Perform and has a $2 price target. The consensus target is $3.88. Shares closed on Wednesday at $2.45.
Southern Co. (NYSE: SO): Goldman Sachs started coverage with a Buy rating and an $80 price target. The consensus price target is $73.15, and shares closed on Wednesday at $70.13.
T-Mobile US Inc. (NASDAQ: TMUS): Wolfe Research upgraded it to an Outperform rating from Peer Perform, but its $160 price target is below the $178.57 consensus target. The stock closed on Wednesday at $126.55, down close to 1.5% on the day.
Uber Technologies Inc. (NYSE: UBER): Wells Fargo started coverage with an Overweight rating and a $50 target price. The consensus target is $48.98. The stock closed on Wednesday at $38.99.
Wynn Resorts Ltd. (NASDAQ: WYNN): When Jefferies downgraded it to Hold from Buy, the analyst cut the price target to $114 from $135. The consensus price target is $129.35. The stock closed at $103.26 on Wednesday.
Xcel Energy Inc. (NASDAQ: XEL): Goldman Sachs started coverage with a Buy rating and a $75 price target. Shares last closed at $64.31, well below the $70.20 consensus price target.
Xylem Inc. (NYSE: XYL): Goldman Sachs resumed coverage with a Buy rating and a $133 price target. The consensus target is $121.50. The stock closed at $107.08 on Wednesday.
Zscaler Inc. (NASDAQ: ZS): Oppenheimer started it with an Outperform rating and a $180 price target. The consensus target is $166.12. Wednesday’s close was at $144.92.
Wednesday’s top analyst upgrades and downgrades included Advanced Micro Devices, Apple, AT&T, Cenovus Energy, Dollar General, Dynatrace, FedEx, Molson Coors Beverage, NiSource, Uber Technologies and Vale.
Originally published at 24/7 Wall St.
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