Meta Platforms Price Target Raised to $775 by B of A Securities

Top Wall Street analysts changed their outlook on several top names, including Morgan Stanley raising Robinhood Markets' price target to $110, Barclays cutting Alibaba Group Holding's price target to $145, and Wells Fargo cutting Waters Corporation's price target to $330. Other analysts raised or lowered price targets for DoorDash, Meta Platforms, Fastenal Company, California Resources Corporation, and Abbott Laboratories.

July 2, 2025 - Top Wall Street analysts have made significant adjustments to their price targets for several major stocks, reflecting their changing views on market conditions and corporate performance. Among the notable changes, Morgan Stanley raised the price target for Robinhood Markets (HOOD) to $110, while Barclays cut the price target for Alibaba Group (BABA) to $145. Additionally, Wells Fargo lowered the price target for Waters Corporation (WAT) to $330. Other analysts have also made adjustments to their price targets for DoorDash (DASH), Meta Platforms (META), Fastenal Company (FAST), California Resources Corporation (CRC), and Abbott Laboratories (ABT).

Morgan Stanley's new price target for Robinhood Markets (HOOD) of $110, an increase from $43, reflects the firm's more selective approach to brokers and exchanges, citing normalized volatility and trading volumes. The analyst team continues to see potential support from inflation, interest rates, and tariffs [1].

Barclays, on the other hand, reduced Alibaba Group's (BABA) price target to $145, down from $180, in a research report issued to clients and investors. The firm currently holds an "overweight" rating on the stock, suggesting a potential upside of 26.61% from the stock's current price [2].

Wells Fargo lowered the price target for Waters Corporation (WAT) to $330, down from a previous target. This move comes as the company continues to navigate regulatory challenges and market dynamics.

Other analysts have also made adjustments to their price targets. DoorDash (DASH) saw its price target raised by several analysts, while Meta Platforms (META) and Fastenal Company (FAST) saw their price targets lowered. California Resources Corporation (CRC) and Abbott Laboratories (ABT) also experienced changes in their price targets, reflecting the analysts' assessments of market conditions and company-specific factors.

These changes in price targets highlight the dynamic nature of the stock market and the importance of staying informed about analyst opinions and market trends. Investors should closely monitor these developments and consider the broader context when making investment decisions.

References:
[1] https://www.tipranks.com/news/the-fly/robinhood-price-target-raised-to-110-from-43-at-morgan-stanley-thefly
[2] https://www.marketbeat.com/instant-alerts/morgan-stanley-forecasts-strong-price-appreciation-for-robinhood-markets-nasdaqhood-stock-2025-07-15/