Analysts delivered sharp blows to CSGP and VLTO today. Both stocks were downgraded, with CoStar's consensus target dropping from $44.05 to $37.20 — a 16% cut.
CoStar's downgrade shifted its consensus balance. Hold ratings fell from 15 to 12. Buy recommendations slipped to just one. The commercial real estate data firm has faced pressure as property market activity stays subdued.
Veralto also took a hit. The water quality and precision technology spinoff was downgraded. Its average target price slipped from $107.15 to $108.41, though the main blow is the lost Buy rating reducing analyst confidence.
On the upside, PCAR — the truck manufacturer — saw its average target price jump from $130.94 to $137.59, a gain of nearly 5%. That is the biggest percentage target lift today.
STX scored an upgrade. Seagate Technology moved to Buy from Hold. Its average target rose sharply to $1,106 from $1,016. The data storage firm has benefited from AI-driven demand for hard disk drives.
V and SHW also saw target price increases. Visa's consensus target rose to $410.58. Sherwin-Williams climbed to $387.95 from $380.85. Both reflect broadly positive earnings momentum.
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.
