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. Content is informational only and does not constitute investment advice.
