Wall Street moved price targets in multiple directions Monday. Three names stand out for different reasons.
TTWO (Take-Two Interactive) saw its consensus target edge up to $279.45. Analysts remain overwhelmingly bullish. 28 buys sit against just one hold and one sell. The $44B gaming giant carries short interest of just 4.2% of free float. Bears are not a major concern here.
ALB (Albemarle) got a target bump to $214.65. The lithium producer has been a volatile bet. Short interest stands at 9.1% of FF. The stock has been caught between weak lithium prices and growing EV demand expectations. The upward target revision suggests some analysts see a floor forming.
LULU (lululemon) took a cut. The consensus target fell to $132.16 from $133.74. 30 analysts hold a neutral rating. Only one is bullish. Short interest sits at 7.5% of FF. The market cap has fallen to $12B. That is well below peak levels. Weak North America sales continue to weigh on sentiment.
ACN (Accenture) also saw its target trimmed, dropping to $197.65 from $208.16. The IT services giant has 15 holds versus 13 buys. Caution is building across the consulting sector.
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