Cruise Stocks Lead Analyst Upgrades

Citigroup analyst James Hardiman lifted targets on two cruise operators Tuesday. Royal Caribbean Cruises got a fresh $362 target, up from $348. Norwegian Cruise Line saw its target jump to $25 from $21. Both carry Buy ratings. The moves come as Carnival Corporation received a new analyst recommendation from the broader consensus.

Defense Gets Cut, Energy Gets Love

RTX Corporation was downgraded by one analyst, pushing the consensus slightly more bearish. The defense giant carries a $247bn market cap. Short interest sits at just 1.4% of free float — bears are not piling in.

Halliburton moved the other way. The oilfield services firm received an upgrade as the consensus Buy count rose. The $31.9bn company has seen short interest at a modest 3.8% of free float.

Moderna Faces Fresh Downgrade

Moderna was downgraded Tuesday. The biotech carries 15.7% SI % FF — the highest of any name in today's changes. That suggests significant bearish positioning already. The average analyst target sits at $43.30. Moderna's market cap stands at $20.7bn.

Datadog saw its average analyst target lifted to $238, up from $235, as tech sentiment stays firm.