Macquarie upgraded MGM Resorts to Buy on Monday. Analyst Chad Beynon lifted his target to $55 from $54. The casino operator carries 12.8% short interest of free float. That makes a positive call more pointed.
DA Davidson initiated WMT at Buy with a $150 target. The firm joins a crowded bull camp — 35 analysts already rate Walmart a Buy. Still, fresh coverage from a new firm adds weight to the consensus.
The sharpest divergence sits in oilfield services. Analysts cut targets on both HAL and SLB. Average targets fell to $43.20 and $61.93 respectively. Both names now carry mostly Hold ratings.
BKR bucked that trend. Baker Hughes saw its consensus target edge up to $71.61. 19 analysts rate it a Buy. The stock has a $64 billion market cap and just 2.3% SI % FF — short sellers are not pressing this one.
Midstream got two quiet lifts. WMB and both saw average targets tick higher to $85.10 and $300.10. also received a modest target raise to $27.25 from $27.00.
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