Energy stocks dominated analyst desks Tuesday. Diamondback Energy took the sharpest hit — a fresh downgrade pushed its consensus lower. The Permian Basin driller carries a $58.8 billion market cap. Short interest sits at just 3.8% of free float, so bears are not yet piling in.
Elsewhere in energy, analysts lifted targets on several oil majors. ExxonMobil saw its average target nudge up to $169.68. Chevron moved to $217.88. ConocoPhillips gained ground too, reaching $144.08. Targa Resources received the biggest lift — its average target climbed to $305.24 from $303.52.
Moderna drew multiple rating changes in a single session. Its consensus shifted with two analysts moving to Hold from Sell. The average target rose slightly to $51.44. Short interest in Moderna stands at 13.5% of free float — among the higher readings in large-cap biotech.
On the retail side, DA Davidson initiated Home Depot at Buy with a $377 target. The same firm placed a Hold on Lowe's at $245. The divergent calls reflect ongoing debate about which home improvement retailer wins as housing activity stays subdued.
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