Analysts dealt a pair of blows to consumer staples on Thursday. Colgate-Palmolive was downgraded, with the consensus target sitting at $95.85. International Flavors & Fragrances also took a downgrade, leaving the stock with 15 sell ratings against just five holds. Both moves reflect fresh caution on defensive names amid a softer consumer spending outlook.
Procter & Gamble faced a target price cut too. The consensus slipped to $163.43 from $163.57. With 14 hold ratings and zero buys, analysts are firmly neutral on the household giant.
On the bright side, CrowdStrike got its target lifted to $179.69. The cybersecurity leader holds 41 buy ratings against just one sell. Its market cap stands near $198 billion. Short interest sits at just 2.9% of free float — bears are not rushing in.
Constellation Brands saw its target trimmed to $171.00. The beer and wine maker carries two sell ratings and eight holds.
Meanwhile, General Mills bucked the trend. Its target nudged higher twice in the same session. The stock now carries four sell ratings but also 11 holds, reflecting a divided street on the cereal maker's prospects 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.
