Aerospace Splits as Analysts Pick Winners

Analysts are drawing a sharp line between aerospace names. Howmet Aerospace saw its consensus target price climb to $330.43. The stock carries just 2% short interest and commands near-unanimous buy ratings from 17 analysts. It is a clear street favourite.

Honeywell Aerospace went the other way. Its consensus target fell to $225.31 from $229.92. Six analysts now rate it a sell. Only five hold a buy. That is a notably bearish split for a name with a $53 billion market cap.

Datadog got a boost. The cloud monitoring firm's average target rose to $282.85. Forty-one analysts cover the stock with buy ratings. The upgrade adds to post-earnings momentum for the software sector.

In energy, analysts lifted targets on three names at once. ConocoPhillips, Devon Energy, and Diamondback Energy all received upward target revisions. The coordinated energy upgrades suggest analysts are turning more positive on oil despite macro uncertainty.

Uber Technologies also got a target bump to $101.61. Forty-three buy ratings back the stock. TransDigm Group similarly rose, with its average target hitting $1,529.