Wall Street analysts turned bullish on financials and healthcare Monday, lifting target prices across the board.
HCA Healthcare was the standout upgrade. Analysts bumped it from Hold to Buy, pushing the average target to $480.50. The hospital giant carries an $86.7 billion market cap. Short interest sits at just 3.8% of free float — low conviction from bears.
JPMorgan Chase and Bank of America both received target price lifts. JPMorgan's consensus target rose to $354.67. BAC's moved to $66.02. Strong Q2 earnings season is driving the upgrades across the banking sector.
Goldman Sachs carries a bold consensus target of $1,025.70 per share. That target crept up from $1,019.20 — analysts remain firmly in the bull camp.
Not all news was positive. Universal Health Services saw its consensus target trimmed to $206.18. Short interest there sits at 6.1% of free float.
CoStar Group drew multiple analyst changes. The average target slipped from $46.80 to $45.89. Analysts appear cautious on the real estate data firm's near-term outlook.
Cisco Systems and FedEx also saw upward target revisions, adding to a broadly constructive tone from the Street this week.
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.
