Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Wall Street reshuffled healthcare and retail ratings on Monday, with managed care names winning upgrades while hospital operators faced cuts.
HCA Healthcare saw its consensus target price trimmed to $490. That's a drop from $493, reflecting analyst caution after recent sector volatility. The stock carries a $90 billion market cap.
Managed care was a brighter story. Centene, Elevance Health, and CVS Health all received upward target revisions. Elevance's average target rose to $436 from $431. Analysts appear more comfortable with the managed care business model after recent earnings results.
eBay picked up a target increase to $108.43. The e-commerce platform trades at a $52 billion market cap with short interest a modest 3.3% of free float.
First Solar attracted a new recommendation. Consensus sits at $251.89 per share. Short sellers hold 8.4% of the free float — the highest among names covered today.
Autodesk was the lone notable downgrade, with its consensus target edged lower to $318.30 from $318.53. The software firm's $44 billion valuation leaves little room for disappointment.
Starbucks rounded out the session with a small target lift to $106.03, as analysts show renewed patience with the chain's ongoing turnaround plan.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
