Analysts swept through the financial sector Thursday, lifting targets on a broad range of asset managers and brokers after a strong earnings run.
HOOD drew the sharpest upgrade. The average analyst target rose to $113.82, up from $110.52. Robinhood carries a $89.8 billion market cap. The stock has become a key retail brokerage play as trading volumes hold firm.
Asset managers also saw broad upgrades. BLK target moved to $1,255. TROW climbed to $104.08 from $102.25. IVZ and BEN both received higher targets too. The pattern suggests analysts are warming to the sector after a period of caution.
Not every name got a bump. ICE saw its target cut to $186.87 from $191.47. BX and both received lower targets from their consensus groups.
Away from financials, JBHT got a target lift to $272 from $263.86. J.B. Hunt is the largest trucking name to see a revision today. It signals some optimism returning to transport after a rough freight cycle.
CME was the outlier. Its target dropped to $288.73 from $297.60, reflecting margin pressure concerns at the exchange operator.
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.
