Analysts lifted targets across industrials and tech storage on Sunday, with a broad sweep of upward revisions dominating the latest activity.
Western Digital received one of the sharpest target boosts. The consensus price target rose from $606 to $619. That is a $13 jump. The storage giant's market cap now sits near $201 billion. Analysts remain mostly bullish with 22 buy ratings on record.
The industrials sector saw a cluster of upgrades. Caterpillar, Deere & Company, Cummins, and Rockwell Automation all received upward target revisions. United Rentals saw its consensus target climb above $1,154. That keeps bulls firmly in charge of the equipment rental name.
On the downside, HCA Healthcare took a target cut. Consensus fell from $493 to $490. The hospital operator carries a $90 billion market cap. Short interest sits at just 3.7% of free float.
Honeywell also saw a modest target reduction. Consensus slipped from $247 to $246. The conglomerate holds a mixed analyst split of six buys, seven holds, and five sells.
Interactive Brokers bucked the trend on the downside names. Its consensus target jumped from $96 to $98. The brokerage has just two buy ratings but nine sell ratings — a crowded bear camp that makes the upgrade notable.
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