Analyst target prices shifted across several sectors on Saturday. The moves reveal a mixed picture for tech and materials stocks.
ACN took the sharpest hit. Analysts trimmed the average target to $197.65 from $208.16. That is a $10.51 cut — roughly a 5% downward revision. The IT services giant carries a $78.6 billion market cap. Fifteen analysts hold a sell rating versus 13 at hold.
ALB went the other way. The lithium miner's average target ticked up to $214.65. Albemarle has short interest of 9.1% of free float. A rising target could squeeze some of those bears.
TTWO also saw a target lift to $279.45. The game publisher has massive analyst support — 28 buys against just one hold and one sell. DDOG received a new recommendation. Its average target sits at $241.36 with 43 analysts holding buy ratings.
LLY got another price target bump to $1,218.72. The pharma giant's target keeps inching higher. LULU faced a small target cut to $132.16. The apparel brand has two sell ratings, rare for a consumer name.
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