Citigroup fired off two notable target price upgrades on Thursday. The bank lifted its target on AMGN to $405 from $345. That is a $60 jump. Analyst Geoff Meacham kept a Hold rating, signaling caution despite the bullish target move.
Citi also raised its ABNB target to $193 from $175. Analyst Ronald Josey maintained a Buy rating. The upgrade comes as Airbnb's broader consensus sits split — 20 analysts hold, 22 sell, and just 2 buy.
PH saw the biggest absolute target move of the day. The consensus target jumped to $1,110 from $1,072. Parker-Hannifin already carries 19 Buy ratings. Only one analyst has a Sell.
On the downside, TSLA saw a small target cut. The consensus average slipped to $396.62 from $397.87. The change was minor but the sell-side remains heavily bearish — 23 analysts rate it a Sell.
RMD also received a downward target revision. RBC Capital's Craig Wong-Pan kept a Hold but lifted his individual target to $244 from $234. The consensus dipped slightly. ResMed reports strong recurring revenue from its sleep apnea devices.
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