Travel and Payments Lead Analyst Upgrades

Analysts lifted targets on EXPE and DASH today, two consumer spending names showing post-earnings momentum.

Expedia Group saw its consensus target price jump to $299.51 from $293.71. That is a $5.80 rise. The online travel giant carries a $35.7 billion market cap. Short interest sits at just 6.1% of free float. Bears are not crowding this name.

DoorDash also got a target bump, moving to $245.68 from $245.06. It is a small move but reflects broad analyst support. 34 out of 45 covering analysts rate it a Buy.

Block, Inc. (ticker: XYZ) got an upward target revision to $94.18 from $93.30. Short interest stands at 2.9% of free float. Analyst sentiment is turning more positive on the payments firm.

On the downside, Emerson Electric took a target cut to $166.98 from $167.07. The move is minor but signals some caution after recent results. Uber Technologies also saw a small downward target revision to $102.20.

Axon Enterprise posted the biggest absolute target increase among the day's changes. The consensus price target rose to $679.46 from $660.88. That is an $18.58 jump. Only 3 of 19 analysts hold a non-Buy rating.