Truist Securities made the boldest analyst call of the day. The firm lifted its target on GLW from $149 to $205 — a 38% jump — while keeping a Hold rating. Corning's $168 billion market cap reflects strong demand for its fiber optic and display glass products, fueled by AI infrastructure buildouts.
MU also caught upgrades. The consensus target for Micron rose to $1,009 from $945. The memory chipmaker has climbed to a $1.28 trillion market cap on the back of booming HBM demand for AI accelerators. Short sellers remain cautious, with just 3.3% of free float shorted.
Biotech also drew attention. Truist raised its target on INCY from $103 to $105 and kept a Hold rating. The broader consensus also upgraded Incyte. Goldman Sachs initiated EL with a Buy and a $100 target, betting on a recovery at Estée Lauder after a prolonged sales slump.
On the negative side, target cuts hit BDX, KR, and . Kroger's average target slipped to $70.71 from $71.81. Becton Dickinson fell to $177.75 from $180.69.
HOOD saw its consensus target nudge up to $101.24, reflecting continued optimism around Robinhood's crypto and brokerage growth.
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.
