Analysts Split on Intel, Aptiv, and Consumer Staples

Intel attracted fresh analyst attention today. A new recommendation was issued as the consensus target rose to $96.07, up from $94.75. Intel has a $664bn market cap. Short interest sits at just 2.6% of free float — bears are not heavily positioned.

Aptiv saw its consensus target trimmed to $77.95 from $78.21. The auto-tech firm is broadly a sell among analysts. 19 out of 20 covering analysts hold bearish ratings. Short interest is 5.1% of free float.

Consumer staples faced pressure. B of A Securities cut its target on PepsiCo to $164 from $173, maintaining a Hold. The consensus average target also dipped to $167.86. B of A also slashed Hershey to $200 from $220, keeping a Hold rating.

On the brighter side, United Rentals got a target lift to $1,104 from $1,091. The equipment-rental giant carries a $66.6bn market cap. Analyst conviction is mostly positive, with just one sell rating in coverage.

Casey's General Stores also saw its average target nudge up to $954. Union Pacific got a small target increase to $292.50 as rail sector sentiment held firm.