A broad wave of target price upgrades swept across the transport sector today. Analysts raised price targets on UPS, J.B. Hunt, Union Pacific, Norfolk Southern, and CSX in a coordinated sector reassessment. UPS consensus now sits at $114.65, up from $114.46. J.B. Hunt saw the biggest jump, with its consensus target rising to $265.77 from $263.86.
The standout individual call came from UBS analyst Joseph Spak. He upgraded Amphenol to Buy. His new target hit $185, up from $178. The connector maker carries a $194bn market cap. Short interest is just 1.4% of free float — bears are not pressing this name.
Spak also lifted his target on Tesla to $442, up sharply from $364. He kept a Hold rating. Tesla's market cap stands near $1.48 trillion. The 21.4% target price jump signals growing confidence even without a full upgrade.
General Dynamics saw its consensus target nudge up to $395.69. Defense spending tailwinds remain strong. The stock trades with minimal short interest at 1.1% of free float.
Phillips 66 also received a consensus target bump to $195.78. Waste names Republic Services and Waste Management joined the list of modest upward revisions, reflecting steady infrastructure demand.
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