Analysts Lift Micron, Cut Darden After Results

Micron Technology leads the latest round of analyst revisions. The chip maker's consensus target price rose to $1,410 from $1,398. That puts Wall Street firmly bullish, with 38 buy ratings against just one sell.

Darden Restaurants moved the other way. The consensus target slipped to $229, and the overall change was flagged as a downgrade. Analysts appear cautious despite a market cap of $24.5bn and SI % FF of just 6.3%.

Rail stocks saw a quiet upgrade wave. Union Pacific, Norfolk Southern, and CSX all received target price bumps on the same day. Union Pacific's average target reached $293. Norfolk Southern moved to $334. The coordinated move likely reflects the same sector note from a major house.

Carnival Corporation also picked up a modest target lift, to $35.60. Cruise demand data remains strong heading into summer. Analysts hold 21 buy ratings on the stock versus four sells.

Bio-Techne saw multiple changes simultaneously. Its consensus shifted slightly as one hold moved to a sell. The average target edged up to $67.92. Life sciences tools names remain in focus after a mixed earnings season.