Analysts are turning more bullish on tech while trimming price targets across energy names on June 30.
GLW picked up a fresh upgrade. The glass and optical fiber maker now has an average analyst target of $206. Its short interest is a modest 3% of free float — few bears are betting against the recovery thesis.
WDAY also received an upgrade today. The HR software firm's consensus moved to 16 holds and 25 buys. Short interest sits at 14% of free float, suggesting some skeptics remain. The upgrade to $171 average target signals growing patience with Workday's AI-driven growth plan.
On the negative side, energy names took hits. FANG saw its consensus target trimmed to $233 from $234. OXY also saw target cuts, with the average slipping to $65.39. APA dropped to $43.38.
Telecoms also struggled. CHTR saw its average target fall sharply to $237 from $245. dipped to $32.19.
On a brighter note, EQIX received a target bump to $1,198. Data center demand keeps analysts warm on the sector despite broader market caution.
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.
