Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts raised targets across industrial and tech names this week. Deere & Company led the action. The consensus target rose to $656.83 from $654.79. Eleven analysts hold buy-equivalent ratings on the stock.
Marvell Technology also drew fresh attention. The AI chipmaker's average target climbed to $263.94. Marvell carries a $207bn market cap and 38 buy ratings. The move reflects growing confidence in data centre demand.
Two cybersecurity names got bumps too. CrowdStrike saw its consensus target tick up to $208.74. Palo Alto Networks followed with a target lift to $360.35. Both names hold strong buy majorities from Wall Street.
The standout upgrade of the day was Trane Technologies. Analysts moved the HVAC giant from hold to buy. The $100bn company benefits from data centre cooling demand. That tailwind resonates with institutional buyers right now.
Going the other way, Labcorp was downgraded. One analyst cut the lab testing company to a hold-equivalent rating. Labcorp's target stayed flat at $337.75.
Hershey also saw a small target cut. The consensus slipped from $206.62 to $205.52.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
