Wall Street Turns on Cable, Cheers Industrials

Analysts trimmed targets across several names on Sunday. The most striking move hit Charter Communications. Its average target price dropped sharply to $187.94 from $205. That is an $17 move lower. Charter also carries heavy short interest at 27.7% of free float, signalling ongoing bear pressure on the cable sector.

Honeywell drew a brighter note. Analysts lifted the consensus target price to $257.79 from $255.17. The industrial giant has a $77 billion market cap. Sentiment is improving as Honeywell continues its ongoing restructuring drive.

The biggest target swing by magnitude came at Comfort Systems USA. The HVAC specialist's average target jumped to $2,211 from $2,135. That $75-per-share lift reflects strong demand for data centre cooling and construction work. Comfort Systems now trades well above $2,000.

3M earned a consensus upgrade. Analysts moved the broader recommendation up a notch. The change adds to growing optimism following 3M's legal settlement clarity.

HCA Healthcare saw its target clipped to $458.67 from $467.20. Two analysts hold sell calls on the hospital operator.

TJX Companies and Ross Stores also saw small target price cuts. Tariff uncertainty still clouds the off-price retail outlook.