Meta Platforms To Rally Over 36%? Here Are 10 Other Analyst Forecasts For Wednesday

  • Credit Suisse cut the price target for Zscaler, Inc. ZS from $275 to $165. Credit Suisse analyst Sami Badri maintained an Outperform rating. Zscaler shares fell 1.9% to $105.95 in pre-market trading.
  • RBC Capital boosted the price target for Smartsheet Inc. SMAR from $36 to $43. RBC Capital analyst Rishi Jaluria maintained a Sector Perform rating. Smartsheet shares rose 9.7% to $42.04 in pre-market trading.
  • Benchmark raised the price target for Exact Sciences Corporation EXAS from $54 to $78. Benchmark analyst Bruce Jackson maintained a Buy rating. Exact Sciences shares fell 1.4% to $63.58 in pre-market trading.
  • Morgan Stanley cut Accenture plc ACN price target from $340 to $325. Morgan Stanley analyst James Faucette maintained an Overweight rating. Accenture shares fell 1% to $250.04 in pre-market trading.
  • Needham raised Allegro MicroSystems, Inc. ALGM price target from $42 to $50. Needham analyst Quinn Bolton maintained a Buy rating. Allegro MicroSystems shares fell 0.5% to $44.95 in pre-market trading.
  • BTIG cut the price target for Lulu's Fashion Lounge Holdings, Inc. LVLU from $5 to $4. BTIG analyst Janine Stichter maintained a Buy rating on the stock. Lulu's Fashion Lounge shares rose 2.9% to close at $2.10 on Tuesday.
  • Citigroup boosted Meta Platforms, Inc. META price target from $228 to $260. Citigroup analyst Anthony Powell maintained a Buy rating. Meta shares fell 1.7% to $190.75 in pre-market trading.
  • UBS cut GitLab Inc. GTLB price target from $54 to $35. UBS analyst Karl Keirstead maintained a Buy rating. GitLab shares fell 3.4% to $32.82 in pre-market trading
  • Deutsche Bank raised Uber Technologies, Inc. UBER price target from $42 to $44. Deutsche Bank analyst Benjamin Black maintained a Buy rating. Uber shares fell 2% to $31.70 in pre-market trading.
  • Morgan Stanley raised Seagen Inc. SGEN price target from $173 to $229. Morgan Stanley analyst Matthew Harrison downgraded the stock from Overweight to Equal-Weight. Seagen shares fell 0.4% to $199.13 in pre-market trading.
  • Canaccord Genuity cut Q2 Holdings, Inc. QTWO price target $60 to $25. Canaccord Genuity analyst Joseph Vafi downgraded the stock from Buy to Hold. Q2 Holdings shares fell 6.8% to $22.36 in pre-market trading.

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