Analysts Raise Targets on AMGN, ABNB
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
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.
ALB and EOG each had a recommendation removed from the consensus pool today.
Stocks in this article
How this article was generated
- Generated
- 7 Aug 2026, 20:20
- Prompt version
- v1.0
- Data sources
- Analyst consensus
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.