Wall Street made a string of target price adjustments on Friday. Energy names led the upgrades while airlines and pharma faced cuts.
Targa Resources drew the most bullish shift. The consensus target rose to $288, up from $287.48. The midstream gas giant carries a $58.6B market cap and just 2.3% short interest. Analysts remain firmly in the buy camp.
Marathon Petroleum also got a lift. The average target climbed to $275.65 from $271.29. That's a $4.36 jump. Marathon trades at an $82.7B cap with short interest under 3%.
Honeywell picked up a new recommendation. Analyst consensus shifted to six buy ratings against twelve sells. The industrial conglomerate has SI % FF of 6.2% — one of the higher readings in the group.
On the negative side, Delta Air Lines saw its average target trimmed to $98.56. Pfizer dropped too. Its consensus target fell to $28.94. Both names carry overweight sell-side ratings already.
Chipotle Mexican Grill and CoStar Group also saw small target cuts. No major rating flips occurred in either case.
The dominant theme today: energy bulls, consumer caution, and pharma headwinds.
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.
