Healthcare and gold miners dominated analyst activity on Tuesday, with fresh upgrades and target price moves across several major names.
HCA Healthcare received the most notable upgrade. Analysts raised their consensus rating from Hold to Buy, with the average target price moving up to $476.75. The $87 billion hospital operator has attracted renewed attention amid resilient patient volumes and easing labor cost pressures.
Newmont also won an upgrade. Analysts shifted their view to more bullish, with the consensus target rising to $133.85. The gold miner — worth nearly $99 billion — is benefiting from elevated gold prices that have stayed well above $3,000 this year.
On the downside, IBM took a target price cut. The average analyst target fell from $294.94 to $287.37. IBM carries a $273 billion market cap. Some analysts appear cautious about its AI infrastructure spending commitments.
JPMorgan Chase saw its target lift to $355.95 after strong quarterly results. The bank reported better-than-expected trading revenues earlier this month. Analysts broadly maintained Buy ratings.
Bank of America also received a modest target increase, with the consensus moving to $66.40 from $65.79.
The pattern this week leans bullish. Upgrades outpaced downgrades among large caps.
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.
