Analysts delivered a split verdict across sectors on Wednesday, with clean energy gaining ground while tech and entertainment faced target cuts.
First Solar was the standout winner. Analysts raised its consensus target to $251.26, up from $250.71. The solar panel maker carries 8.7% SI % FF and a cost to borrow of just 0.42%. Bears look exposed if the stock keeps climbing.
Intuit took the hardest hit. The fintech giant's consensus target slipped to $484.73 from $486.61. The $77 billion company has 5% SI % FF. Pressure from AI competition in tax and accounting software may be weighing on analyst confidence.
Netflix also saw its target trimmed slightly, to $113.15. The streaming giant's short interest is just 2.4% of free float. Analysts remain largely bullish with 37 buy ratings, but the modest target cut signals near-term caution after a strong run.
Tesla attracted a fresh recommendation with no change in direction. The consensus target stands at $424. Six sells face 23 buys in an analyst community that remains deeply divided.
Casino stocks Wynn Resorts and both saw targets trimmed, suggesting softer near-term expectations for Macau and Las Vegas volumes.
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.
