Major corporations see shifts in analyst ratings and price targets

Several major corporations have seen adjustments to their stock ratings and price targets by leading financial institutions.

Jefferies lowered its price target for Adidas from 205 to 187 euros while maintaining a ‘Buy’ rating, citing a complex environment despite long-term product expectations. Similarly, Jefferies reduced the price target for Munich Re from 600 to 550 euros, maintaining a ‘Hold’ rating due to a faster-than-expected decline in reinsurance prices.

In contrast, Monness Crespi raised its price target for Meta Platforms from 730 USD to 830 USD, maintaining a ‘Buy’ rating. The analyst noted that Meta’s AI strategy and the success of Muse have improved the company’s investment narrative.

JPMorgan maintained an ‘Overweight’ rating for Siemens AG with a 345 euro target, driven by strength in data centers and energy supply. The bank also kept Thyssenkrupp at ‘Neutral’ with a 15 euro target following the company’s announcement of ambitious mid-term EBITDA goals.