Analyst target price upgrades dominated activity on July 8, with a broad sweep across technology, healthcare, and insurance names.
PANW saw the biggest consensus shift in tech. The average target price rose to $324 from $322. 43 analysts now cover the cybersecurity giant. Short interest sits at just 2.8% of free float — bears are not betting against it.
MCHP attracted target increases too. The average target climbed to $114 from $113. The chipmaker carries a $45.7 billion market cap. Short interest is modest at 7.9% of free float.
In equipment rental, URI received a target lift to $1,150 from $1,137. The stock has 17 buy-rated analysts behind it. That level of bullish consensus is hard to ignore.
Healthcare names also moved. EW, PODD, and JNJ all received target upgrades. 's consensus target now stands at $258.59.
On the insurance side, UBS upgraded both MRSH and MET to Buy. UBS lifted the Marsh & McLennan target to $212. MetLife's new target stands at $105.
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