Wall Street Lifts Targets on CRWD, LITE, SMCI

Analysts raised price targets across several major tech names on August 12. The moves signal growing confidence after recent earnings beats.

CrowdStrike saw its consensus target price tick up to $195.39, from $194.67. Short interest sits at just 2.8% of free float. Bears are scarce. The cybersecurity leader remains a near-universal buy-rated name, with 40 analysts recommending the stock.

The bigger eye-catcher is Lumentum. Its consensus target now stands at $1,132.68. That is a remarkable level for a photonics and networking-components maker with a $58 billion market cap. Short sellers hold 11.4% of its free float — notable for a stock getting so much analyst love.

Super Micro Computer received a consensus target lift to $38.75. Bears remain active. SMCI carries 17.2% short interest as a percentage of free float. The stock splits analyst opinion sharply — three buys, ten holds, five sells.

Intel picked up a new analyst recommendation today. The consensus target rose to $115.10. Intel has three buy-rated analysts and 31 holds. That lukewarm split reflects ongoing uncertainty about its turnaround. The $492 billion chip giant needs to win back more believers.

Home improvement stocks also saw quiet target lifts. Home Depot edged higher while Lowe's targets dipped slightly — a modest divergence within the same sector.