Palantir Lifts, Chips Slip in Analyst Reshuffle

Analysts revised targets across a broad range of names on August 4. Palantir Technologies led the upgrades. The consensus target price rose to $185.68 from $182.20. Six analysts now rate it a Buy. The stock carries short interest of just 3.3% of free float — bears have little grip.

The semiconductor space drew more cautious calls. ON Semiconductor saw its average target trimmed to $112.29 from $113.63. All 18 covering analysts hold a Hold rating. Short interest sits at 8.0% of free float, reflecting ongoing concern about the chip cycle.

Fair Isaac faced a target cut too. The average dropped to $1,489 from $1,497. Fifteen analysts rate the stock a Sell. Short interest stands at 10.3% of free float — among the higher readings in the large-cap space.

On the positive side, Welltower and Vertex Pharmaceuticals both received target increases. Welltower's consensus target climbed to $255.59. Vertex's rose to $558.54, with 23 analysts rating it a Buy.

Diamondback Energy also attracted a target upgrade to $230.54. All 25 covering analysts maintain a Buy — one of the cleanest bullish consensus reads of the day.