Analyst desks were busy Friday. The most notable move hit FICO, where the consensus target price rose to $1,476 from $1,473. Analysts kept their bullish skew — 15 Buy ratings stand against just one Hold. The credit-scoring giant carries a $24 billion market cap and short interest of just 8.6% of free float.
In the utilities sector, a wave of recommendation removals swept through the space. WEC Energy Group, CMS Energy, Sempra, CenterPoint Energy, DTE Energy, Consolidated Edison, and Ameren all lost at least one analyst recommendation. The removals suggest a broker rationalised its utility coverage rather than any specific negative view on the stocks.
Two utilities bucked the trend with target cuts. NRG Energy saw its average target edge down to $189 from $191. Public Service Enterprise Group slipped to $85.80 from $86.39.
On the upside, NiSource and Dominion Energy both received target increases. Dominion's average consensus target moved to $70.82. It holds 13 Buy ratings and just one Sell — among the most bullish setups in the sector.
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.
