Guggenheim cut TTD to Hold from Buy on August 7. The move is stark — the analyst's target dropped from $25 to just $12. That implies roughly 37% downside from current levels. Short interest already sits at 17.7% of free float, a sign bears were ahead of the crowd.
EBAY got the opposite treatment. Argus Research upgraded the e-commerce veteran to Buy from Hold, setting a $133 target. The stock carries a $48.9 billion market cap. Short interest is low at 3.8% of free float. Argus sees a clear path higher.
ABNB also saw a bullish move. JP Morgan's Doug Anmuth raised his target to $170 from $140, a 21% jump. He kept a Hold rating, but the revised target signals growing confidence in the travel platform.
XYZ (Block) got a target hike from Argus to $103 from $86. The payments firm retains a Buy rating.
PG was quietly downgraded to Hold by Argus. No new target was given, suggesting limited near-term catalysts for the consumer staples giant.
The theme today is rotation. Analysts are backing travel and e-commerce while trimming ad-tech exposure.
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.
