Upgrades Flow In for IBM, Texas Instruments
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Analysts lifted ratings on IBM and Texas Instruments Wednesday, as Wall Street grows more positive on technology stocks.
IBM's consensus rating was upgraded. The average target price rose to $262.85 from $253.94. The stock carries a short interest of just 3.8% of free float. That signals limited bearish conviction.
KeyBanc analyst John Vinh raised his target on Texas Instruments to $400 from $390. He kept his Buy rating. TXN's short interest is under 2% of free float.
Kraft Heinz also received a target price bump. Analysts now average $24.15 versus $23.97 before. The consumer staples name carries 10.7% short interest. That makes a positive shift here more notable.
Raymond James Financial joined the upgrade list too. The consensus moved higher, with average targets around $184.
Among the cuts, AT&T saw a small target trim to $28.65. MSCI and TE Connectivity also had minor target reductions.
The overall tone skews bullish. More upgrades crossed the tape than downgrades today.
Stocks in this article
How this article was generated
- Generated
- 23 Jul 2026, 12:21
- Prompt version
- v1.0
- Data sources
- Analyst consensus
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.