Micron Soars on Target, Rails Get a Boost

Analysts pushed Micron Technology's average consensus target price to $1,410 on Saturday. That is up from $1,398 just days earlier. With 38 Buy ratings and only one Sell, the chipmaker commands near-unanimous bullish sentiment on Wall Street.

The railroad sector drew a broad upgrade sweep. Union Pacific, Norfolk Southern, and CSX all received upward target revisions in the same session. Union Pacific's average target now sits at $293. Norfolk Southern climbed to $334. Analysts appear more confident in rail freight volumes as economic data stabilises.

Darden Restaurants bucked the positive trend. Its average target slipped to $228.91. That follows its recent earnings release. Despite the dip, 17 analysts still hold a Buy rating. Only one rates the stock a Sell.

Bio-Techne drew attention with multiple simultaneous changes. The life sciences tools firm saw analysts split their views. Two downgrades shifted its Hold count to 10. Short interest sits at nearly 12% of free float — the highest of any name in this batch.

Aptiv saw its target trimmed to $77.61. The auto-parts supplier carries 19 Sell ratings. That makes it one of the most bearish consensus calls in the current cycle.