IBM led the analyst upgrade cycle Wednesday. The consensus rating moved higher after multiple firms lifted their views. The average target price rose to $262.85 from $253.94. IBM trades at a $198 billion market cap with short interest at just 3.8% of free float — bears are light here.
Texas Instruments got a fresh boost from KeyBanc analyst John Vinh. He raised his price target to $400 from $390, maintaining a Buy rating. The chip maker has a $265 billion market cap. Short sellers have minimal exposure at just 1.8% of free float.
Raymond James Financial saw its consensus upgrade twice in quick succession. The average target rose to $184.92 from $182.67. Financial sector sentiment remains broadly positive.
Hasbro got a notable upgrade. The toy maker moved to Hold from Sell in the consensus view. Its average target nudged up to $108.15. Two analysts now rate it as a Hold, with 12 still at Sell — so the upgrade is modest but marks a turning point.
The Southern Company was the biggest loser. Analysts cut the utility's consensus rating. The average target slipped to $100.63 from $101.76. Three analysts now rate it a Sell versus two previously.
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.
