Analysts trimmed targets across several sectors Monday. The most notable action was a downgrade of RJF by the consensus. Raymond James Financial dropped from 9 holds to 8, with a buy count unchanged at zero. The stock carries a $174 average target price and a market cap of $31.7 billion.
SPGI attracted the brightest upgrade. The consensus bumped S&P Global's average target to $483.60, up from $462.67. That is a $21 jump. The financial data giant holds 23 buy recommendations against just one hold.
In pharma, VRTX saw a recommendation removed, trimming total analyst coverage. The average target dipped slightly to $546. Vertex remains well-supported with 26 buys. Its $134 billion market cap reflects strong investor confidence.
Gaming names faced headwinds. WYNN and LVS both saw consensus target prices trimmed. Las Vegas Sands sits at $68.40 average target with 15 buys and no sells.
Energy was mixed. COP saw its target cut slightly to $142.72. also faced a minor target reduction to $61.79. Both names carry strong buy coverage despite the trimming.
The overall tone leans positive. S&P Global's upgrade stands out as the biggest bullish call of the session.
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.