Morgan Stanley's Vincent Andrews made the boldest move this week. He raised his price target on DuPont de Nemours from $52 to $156 — a 200% increase in a single revision. The stock carries a $19.5B market cap. Short interest sits at just 3% of free float, suggesting bears are not positioned for a reversal.
BNP Paribas went the other direction on NIKE. Analyst Laurent Vasilescu initiated coverage with a Sell rating and a $23 target. That implies steep downside from current levels. At a $51.8B market cap, Nike remains under pressure from slowing consumer spending. Short interest is modest at 4% of free float, but that could grow if the sell-side turns more negative.
Wolfe Research's Spencer Hanus executed a clean rotation in home improvement retail. He upgraded Target to Buy and simultaneously downgraded Home Depot to Hold — a direct sector preference switch.
Also notable: IBM received a target lift from $225 to $267 by Morgan Stanley. saw its consensus target edge up to $495. Both reflect growing confidence in AI-exposed names.
Darden Restaurants faced a consensus downgrade. Analysts trimmed their view as consumer discretionary spending faces headwinds heading into the second half.
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.
