Analysts Raise AMD, Moody's Targets; MSCI Cut

Wall Street lifted its average target on AMD to $545.91 today. That is up from $541.66. The chipmaker carries a near-consensus buy rating from 41 analysts. Short interest sits at just 2.5% of free float. Bears are not pressing hard.

Moody's Corporation also drew a target price upgrade. The average consensus target rose to $551.10 from $549.67. One analyst added a buy recommendation. The financial data firm has a $85.7 billion market cap.

Not everyone got good news. MSCI Inc. saw its target trimmed to $694.41 from $705.47. The index and analytics provider now has just one hold and 15 sell ratings. The bearish skew stands out. Short interest is light at 1.8% of free float.

AT&T also saw a target cut. The average slipped to $28.90 from $29.03. Sentiment remains mixed with 15 sells against 10 holds.

Westinghouse Air Brake and Chubb both picked up small target increases. Industrials and insurance names continue to attract quiet upgrades. CME Group also saw its target nudged higher to $282.40.