Analysts are raising price targets across several names today. Block, Inc. drew the biggest individual call. Canaccord Genuity's Joseph Vafi lifted his target to $100 from $85, maintaining a Buy rating. The fintech has a market cap of $42 billion. Short interest sits at just 2.8% of free float — bears are not pressing hard here.
Assurant, Inc. got a sharp target hike from UBS. Analyst Brian Meredith raised his price target to $331 from $274 — a 21% jump. He kept his Buy rating. The specialty insurance firm trades at a $13.9 billion market cap. That is a significant target move and signals growing optimism on earnings resilience.
Sandisk Corporation also saw consensus targets edge higher. The average now sits at $2,068, up from $2,054. The flash storage maker carries a $200 billion market cap and short interest of just 4.7% of free float.
Elsewhere, UBS upgraded Cisco Systems to Buy with a new $138 target. Packaging Corporation of America was also lifted to Buy at UBS with a $292 target. Both moves suggest the bank sees value in industrial and tech infrastructure names. Consensus targets on and also nudged higher today.
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.
