Analyst sentiment diverged sharply on July 2. Freedom Broker cut its target on GIS — General Mills — to $42 from $70. That is a 40% slash. Short interest in the stock sits at 10% of free float. The consensus target has also dipped to $37.88 from $37.59, signalling broad caution.
FDS got the opposite treatment. Jefferies upgraded FactSet Research Systems to Hold and lifted its price target to $253 from $225. That is a $28 jump. The consensus target edged up too. FactSet carries 14.5% short interest, so any sustained analyst support could pressure shorts.
Raymond James initiated CME Group with a Buy and a $320 target. The exchange operator has minimal short interest at just 1.5% of free float. Raymond James analyst Patrick O'Shaughnessy sees upside in the derivatives giant.
TSLA drew attention again. Freedom Broker raised its Tesla target to $420 from $400. The consensus target ticked up to $423. Tesla remains a closely watched name across the Street.
XOM saw a small consensus target cut to $169.48 from $170.29. Energy sentiment is softening slightly heading into the second half.
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.
