Analysts cut their targets on TSCO hard today. Both Truist Securities and Piper Sandler moved to Hold, slashing their price targets dramatically. Truist dropped its target from $44 to $32. Piper Sandler cut from $36 to $32. That's a 27% and 11% reduction respectively. Tractor Supply carries a $16B market cap and short interest sits at 4.7% of free float.
Southwest Airlines got a rare bright spot. Jefferies analyst Sheila Kahyaoglu upgraded the stock and raised her target to $44 from $37. That's a 19% target jump. Southwest's market cap stands at $22.5B, with short interest at just 6% of free float.
Salesforce drew double Buy initiations in quick succession. Needham's Scott Berg set a $400 target. Canaccord Genuity's David Hynes initiated at Buy with a $225 target. The wide gap between these targets — $175 — reflects genuine disagreement on valuation. CRM trades at a $134B market cap with short interest at 6.7% of free float.
Amazon saw the consensus target nudge up to $312.99 from $312.51. Small move, but the consensus remains firmly bullish with 63 Buy ratings and zero Sells.
Yum! Brands received a fresh Buy from TD Cowen at a $180 target, adding to a broadly positive analyst picture for the fast food giant.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
