Meta Platforms upgraded, Okta downgraded in latest Wall Street analyst calls

Wall Street analysts revised ratings on major companies on June 2, 2026, with Meta Platforms (META) receiving an upgrade and Okta (OKTA) facing a downgrade, according to The Fly’s daily roundup of top research calls. Meta was included among the day’s five most significant upgrades, while Okta landed in the top five downgrades. The Fly’s compilation, which tracks market-moving analyst actions, also featured new initiations of coverage. Specific analyst names, rating changes, and price target adjustments were not detailed in the initial summary. The moves reflect a divergence in analyst sentiment toward technology stocks, with social media giant Meta gaining favor and identity management firm Okta seeing reduced expectations.