Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts pushed target prices higher on several names Tuesday. SanDisk led the pack with the biggest consensus upgrade. Its average target price rose to $2,144 from $2,112. That is a $248 billion market cap company now drawing strong buy-side attention.
Goldman Sachs also got a lift. The average target climbed to $1,066 from $1,037. The bank beat Q2 expectations recently. Analysts appear to be chasing the stock higher.
Freeport-McMoRan saw its target tick up to $70.93 from $70.79. Copper demand optimism is driving the modest bump. The miner carries an $86 billion market cap.
On the downside, Newmont saw its target trimmed. The average fell to $133.47 from $133.85. Gold miners have faced profit-taking pressure recently.
HCA Healthcare got a target cut too. The average dropped to $470.55 from $476.75. Hospital operators face cost headwinds heading into the second half.
JPMorgan Chase lost one analyst recommendation entirely. That removes a "Hold" from the consensus pool of 23. The bank still carries a strong overall rating profile.
Tapestry bucked the luxury slowdown narrative. Its target edged up to $166.75. Handbag demand appears more resilient than feared.
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.
