TD Cowen lifted its target on CRWD from $175 to $235, keeping a Buy rating. That is a 34% jump in the target price. Analyst Shaul Eyal also raised PANW from $360 to $400. Both moves signal growing confidence in cybersecurity spending.
CrowdStrike carries a $221B market cap. Short interest sits at just 2.6% of free float. Bears are not pressing hard here.
In biotech, Piper Sandler's Allison Bratzel upgraded INCY to Buy and set a $130 target, up from $110. That is an 18% target lift. Incyte has a $24B market cap and short interest at 5.9% of free float.
PYPL also caught attention. Piper Sandler raised its PayPal target to $59 from $42, a 40% increase. The rating stays at Hold, but the big target move suggests the firm sees the stock's recovery gaining traction.
On the other side, consensus targets dipped for HAL and MOS. Halliburton's average target slipped to $43.20. Mosaic's fell to $27.26. Energy and fertiliser names remain under pressure from commodity headwinds.
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.