Citigroup slashed its target on CEG to $297 from $348 — a 15% cut — while keeping a Hold rating on the nuclear energy giant.
The move signals growing caution on power stocks after a strong run. CEG carries a market cap of $89 billion. Short interest sits at just 3.5% of free float.
Oilfield services giant SLB absorbed two target cuts in quick succession. TD Cowen trimmed its price target to $62 from $66. Citigroup followed with a cut to $63 from $68. Both firms kept Buy ratings. The consensus average target fell to $62 from $62.21. SLB's $70 billion market cap reflects ongoing pressure from softer oil prices.
On the positive side, Bernstein lifted its target on UAL to $153 from $136 — a 12% jump — with a Buy rating. United Airlines has rallied sharply in 2026. Short interest at 4.7% of free float remains modest.
NKE drew a target cut from Bernstein, down to $72 from $80, as the sportswear giant continues to struggle with sluggish consumer demand.
KR bucked the trend. The consensus target on Kroger edged up to $71.41 from $70.71. The grocery chain holds 10 Buy ratings versus 12 Holds.
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.
