Analysts upgraded target prices across the energy sector on Friday. XOM, CVX, and COP all saw consensus targets nudge higher. The energy rally follows solid quarterly results across the sector.
Oilfield services firm SLB also got a target lift. Its average consensus target rose to $61.34. Short interest sits at just 3.8% of free float. Analyst sentiment there remains firmly bullish.
NEE bucked the broader utility pattern with a target upgrade to $99.10. The clean energy giant carries a $187 billion market cap. Only one sell-rated analyst covers the stock versus 14 holds.
Charter Communications took a hit. CHTR saw its consensus target trimmed to $208.47. Short interest is elevated at 25.9% of free float. Bears remain active in the cable sector as cord-cutting pressure persists.
AXP also faced a small target cut to $374.18. Analysts are split — one sell, 14 holds, and 15 buys. The stock remains well-covered but upside assumptions are being trimmed.
Tesla received a new recommendation from at least one firm. The average target slipped slightly to $401.51. Consensus counts 23 analysts, with 17 holds dominating the coverage.
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.
