Analysts were busy ahead of the July 4 holiday, issuing a flurry of target price adjustments across consumer staples, tech, and energy names.
CrowdStrike saw its consensus target edge up to $179.69 from $179.24. The cybersecurity giant carries a $197.5B market cap. Short sellers show little appetite here, with SI at just 2.9% of free float.
Tesla also received a target bump, with the consensus average rising to $423.40. The stock remains one of Wall Street's most divided names — 23 analysts rate it a sell, 18 a hold, and 6 a buy.
Not all moves were positive. Constellation Brands had its target cut slightly to $171.00 from $171.30. The beer-and-wine group has faced pressure from shifting consumer tastes and tariff concerns on Mexican imports.
Procter & Gamble also saw a target trim. The consensus slipped to $163.43 from $163.57. Analysts remain broadly bullish, with 14 buy ratings against no sells.
On the staples side, J.M. Smucker lost a recommendation entirely. The consensus narrowed to 10 analysts from 10, as one firm removed its rating. bucked the gloom, receiving a slight target increase to $37.88.
Automatic Data Processing also got a nudge higher. Its consensus target rose to $247.13, reflecting steady confidence in the payroll processor's defensive earnings profile.
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.
