Analysts Lift Rails, Airlines, and Chips

Analyst target price upgrades swept across transport and technology stocks this week, with railroads, airlines, and semiconductors all receiving upward revisions.

Railroads on track. Three major US freight carriers picked up consensus target increases. UNP moved to $293, NSC to $334, and CSX to $47. The broad-based nature of the revisions suggests improving sentiment on freight volumes and pricing.

Airlines cleared for takeoff. Wells Fargo lifted targets across the sector. DAL rose to $86.41 and UAL to $136.63. Even LUV saw its target lift to $47.51. Delta carries a $60B market cap with short interest of just 3.6% of free float — shorts are not fighting this trend.

Chips get a big bump. Wells Fargo analyst Joe Quatrochi raised his target on AMAT to $740 from $715, reiterating Buy. Applied Materials carries a near-$498B market cap. Short interest sits at just 2.7% of free float.

Restaurants get a fresh call. UBS analyst Dennis Geiger raised his target on DRI to $240 from $230. The Olive Garden parent carries short interest of 6.3% of free float — moderate, but room for a squeeze if momentum builds.

This is not financial advice.