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Meta, Dell, and Okta top September analyst upgrades
September’s technology-led S&P 500 sector strength coincided with upgrades for Meta Platforms, Dell, and Okta, with analysts’ 12-month targets implying additional upside for all three.
Meta Platforms, Dell, and Okta led September’s analyst upgrades, according to MarketBeat Ratings, as technology was the strongest of the S&P 500’s 11 sectors for the month, returning about 5.1%.
MarketBeat Ratings said new price targets point to further upside for all three upgraded stocks, highlighting Meta, Dell, and Okta among the most praised names by Wall Street analysts in September.
For Meta specifically, MarketBeat Ratings cited a range of 12-month forecasts, including a current price of about $743.12 and an average 12-month forecast of $791.86.
The outlet also noted that Meta’s sentiment improved after its Q2 earnings report, with the stock later trading above $700 and a year-to-date return exceeding 10%, and it attributed part of the shift to the release of its Muse personal AI agent, which it said reached 5 million app milestones per Sensor Tower.
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