Analysts made two notable upgrades on Monday. Corning was lifted to a higher rating, with the consensus target price rising to $206. The specialty glass maker carries a market cap above $190 billion. Short interest sits at just 3% of free float.
Workday also received an upgrade. The HR software firm saw its average target nudge up to $171. At 14% short interest, bears remain active. The upgrade adds pressure to those short positions.
Energy stocks faced a rougher session. Diamondback Energy, Occidental Petroleum, and APA Corporation all saw consensus target prices trimmed. Diamondback's average target slipped from $234 to $233. Occidental fell from $65.57 to $65.39.
The oil sector cuts likely reflect softening crude price expectations heading into the second half of 2026.
On the telecom side, Comcast and both saw modest target reductions. Charter's target fell more sharply, from $245 to $237.
Salesforce received a new recommendation. The consensus target stands at $247 with 39 buy ratings still in place.
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.
