Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analyst desks were busy on Wednesday. Several notable rating actions landed across sectors.
FLEX picked up an upgrade to add to a consensus target price bump. The $48B electronics manufacturing giant now has 11 Buy ratings and zero Sells. The average target sits at $161. That is a clean slate of institutional backing.
JBHT saw its consensus target price lift to $301.23 from $284.76. That is a $16 jump. The freight hauler has been benefiting from renewed trade activity. Thirteen analysts rate it a Buy.
The biggest surprise was a downgrade for WRB. W.R. Berkley slipped one notch in consensus. The insurer now has seven Buy ratings, down from eight. Its average target edged lower to $68.29 from $68.65. Short interest sits at 6.9% of free float — the highest of the three names covered today.
KLAC got a quiet target bump to $234.57. Semiconductor equipment stocks continue to attract bullish calls. Analysts see upside despite a broader slowdown narrative in the chip space.
BNY also received a target lift to $162.93. The custody bank has posted strong fee income this earnings season.
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.
