Analysts lifted price targets across tech, banking, and utilities on Sunday. Semiconductor tester TER saw the biggest tech move. The consensus target rose to $429.88, up from $426.35. Short interest sits at just 5.3% of free float — bears are thin on the ground.
DDOG also attracted upward target revisions. Datadog's consensus target edged to $256.70 from $254.97. The $86 billion cloud monitoring firm carries just 4.3% SI % FF, suggesting bulls have the field.
MRNA got a target bump to $48.42. Yet Moderna carries 14.4% SI % FF — the highest of the group. Bulls and bears remain divided on the vaccine maker's long-term pipeline.
On the downside, ALB took a target trim to $195.66 from $196.41. The lithium miner faces ongoing pricing pressure. Short interest at 9.7% of free float signals continued scepticism.
Banks had a clean sweep of upgrades. BAC and WFC both saw target price increases. Wells Fargo's consensus target crossed $100, reaching $100.07.
Utilities also drew attention. ED, SO, and ETR all got upward target revisions. PEG and EVRG bucked the trend with slight cuts.
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.
