Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Financials dominated analyst action on Saturday. Morgan Stanley picked up an upgrade. The consensus moved from 13 holds to 12, with 2 buys now on the books. The average target price rose to $231.86 from $226.48.
State Street saw the biggest target price swing. Analysts lifted their average price target to $196.89 from $185.04 — a jump of nearly $12. State Street carries just 1.8% SI % FF, so short pressure is minimal.
On the downside, Fox Corporation was downgraded. Fox stands out with 21.1% SI % FF, the highest of the group. Short sellers have been leaning heavily on the media company. The downgrade adds further weight.
Prudential Financial also took a downgrade. One analyst shifted from hold to sell. The consensus now sits at 5 buys, 13 holds, and 1 sell.
Netflix saw its average target trimmed slightly to $98.16 from $98.77. The consensus remains firmly bullish with 35 buys and no sells — a small cut, not a change in direction.
The pattern is clear. Banks are winning favour. Media names face more scrutiny.
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.
