Analysts lifted price targets across several major names today. CSCO saw its consensus target rise to $136.05, up from $134.77. The networking giant carries a $440 billion market cap. Fifteen analysts currently hold buy ratings on the stock.
AMAT also moved higher. Applied Materials' consensus target edged up to $641.03 from $638.17. The chip equipment maker has 31 buy ratings and just one sell. That is one of the most bullish setups in the semiconductor space.
Gold miner NEM drew double attention. Newmont's target was raised twice today — first to $131.96, then again to $132.44. Rising gold prices are driving the upgrades. Nineteen buy ratings now back the stock.
On the downside, APH saw its consensus target trimmed to $191.88 from $198.06. Amphenol has 15 buy ratings but analysts pulled back their price ambition. HON also slipped, with Honeywell's target cut to $264.05 from $264.53.
REITs saw broad target increases. , , and all received upward consensus revisions, suggesting analysts see value in retail real estate at current levels.
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.
