US Top Rating Updates on 2/3: META, BA, F, AI and More

HSBC analyst Nicolas Cote-Colisson downgraded $Meta Platforms(META.US)$ to Reduce from Hold with an unchanged price target of $110. The company's Q4 results showed higher engagement, but revenue was still down, the analyst tells investors in a research note.

Deutsche Bank analyst Emmanuel Rosner downgraded $Ford Motor(F.US)$ to Sell from Hold with a price target of $11, down from $13. The "large" miss and "new aggressive" 2023 guidance showcase Ford's "considerable operational shortfalls and suggest meaningful downside risk to earnings trajectory," the analyst tells investors in a research note.

DA Davidson analyst Gil Luria initiated coverage of $C3.ai(AI.US)$ with a Buy rating and $30 price target. C3.ai is "a truly scarce asset in a critical software arena," said the firm, which views the emergence of generative AI as a "killer app" for Artificial Intelligence. This gives C3.ai the opportunity to monetize its considerable investment and track record in the field of AI, according to the firm.