Stifel analyst Adam Borg slashed his price target on CRWD from $790 to $220. That is a 72% cut. He kept a Buy rating, but the implied upside dropped sharply. CrowdStrike trades at a $203 billion market cap. Short interest sits at just 0.88% of free float — bears are not piling in despite the target haircut.
COIN drew a new analyst recommendation this week. Three analysts now rate it a Buy. Short interest is 11.8% of free float, well above the market average. Bulls and bears are clearly divided on the crypto exchange.
Kraft Heinz saw its average target price trimmed to $22.59 from $23.74. KHC carries a consensus-heavy Hold profile. Fourteen of 19 analysts rate it Hold. Short interest at 10.5% of free float signals lingering doubt about the food giant's recovery.
BKR and MLM both got modest target price boosts. Baker Hughes saw its average target nudge up to $71.29. Martin Marietta's rose to $682. Both stocks hold strong Buy-skewed consensus ratings among analysts covering them.
FAST also got a target lift to $47.00 from Fastenal watchers. The industrial distributor has a mixed consensus with five Buys, seven Holds, and five Sells.
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