Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Wall Street is reshuffling its financial sector views. Morgan Stanley earned an upgrade this week. The consensus moved from 13 Holds to 12 Holds. The average target price rose to $231.86, up from $226.48.
State Street saw the biggest target price move. Analysts lifted the average target to $196.89 from $185.04. That is a jump of nearly $12. State Street trades at a $50.5bn market cap. Short interest sits at just 1.8% of free float — bears are not crowding in.
On the other side, Prudential Financial was downgraded. A buy recommendation was removed. The insurer now has 5 Buys, 13 Holds, and 1 Sell. Its short interest is a modest 3.4% of FF.
Fox Corporation also took a downgrade. The consensus flipped one Hold to a Sell. That is notable given Fox carries a 21.1% SI % FF — already one of the more heavily shorted media names. Bears remain active here.
Netflix saw a small target price trim. The average fell from $98.77 to $98.15. The consensus remains heavily skewed to buys — 35 buy recommendations against zero sells.
The pattern is clear. Banks are getting fresh love. Insurers and media are facing harder questions.
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.
