Analyst target prices moved in opposite directions on Saturday. Downgrades hit retail and IT services. Gaming stocks caught a tailwind.
Take-Two Interactive attracted an upward target price revision. The consensus target now sits at $279.45, up from $279.11. 28 of 30 analysts rate the stock a Buy. That near-unanimous bullish tilt is rare for a $44B company.
lululemon athletica took a hit. Analysts cut the target to $132.16 from $133.74. Two analysts hold a Sell rating. Short interest sits at 7.5% of free float — elevated for an apparel name. The stock faces pressure from slowing North American growth.
Accenture saw its consensus target drop to $197.65 from $208.16. That is a $10.50 cut. The IT services giant holds 15 Sell ratings against 13 Holds. Sentiment is clearly cautious heading into the second half.
Albemarle bucked the trend. The lithium miner's consensus target edged up to $214.65 from $213.97. Short interest at 9.1% of free float shows bears remain active. Any lithium price recovery could trigger covering pressure.
Eli Lilly also received a target bump to $1,218.72. The pharma giant commands 22 Buy ratings. Bullish momentum remains intact.
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