Wall Street turned bullish on several names today. Two upgrades stood out from the crowd.
Tapestry received an upgrade from analysts, with the consensus target now sitting at $167. The luxury handbag maker carries a short interest of 8.4% of free float. That is a meaningful bearish position. An upgrade here runs directly against the short crowd.
International Flavors & Fragrances also got an upgrade today. The consensus flipped to a more positive stance. IFF has struggled for years with post-merger integration. A fresh buy call suggests analysts see the turnaround gaining traction.
On the chip side, Marvell Technology saw its consensus target price lifted to $256.91. That is a $194 billion market-cap stock with barely 4.3% short interest. Analysts are piling on more upside. Advanced Micro Devices also got a target bump, with the consensus now at $614.43.
In energy infrastructure, analysts raised targets on Targa Resources, , and . The midstream sector is drawing consistent upward revisions. One notable cut: saw its target trimmed slightly to $263.80.
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.
