Analysts turned bullish on defence and cybersecurity stocks Friday, with two notable upgrades and a string of positive target price revisions.
LMT received a consensus upgrade, lifting analyst sentiment on the $132 billion defence giant. The average target price sits at $633. Short interest is just 1.4% of free float — bears are largely absent.
CRWD saw its average target price lifted to $209.74, up from $208.22. The cybersecurity leader carries a $194 billion market cap. Analysts hold a strongly bullish consensus, with 40 buy ratings against just one sell.
EVRG was also upgraded by the consensus. The utility stock has a $19 billion market cap. Its average target stands at $91.95. Short interest of 8.1% of free float is notably higher than peers — the upgrade may put pressure on shorts.
ABNB received a target price bump to $175.50. Analysts maintain 23 buys versus just 3 sells on the travel platform.
VEEV also got a target raise, with the consensus moving to $253.57. Healthcare software remains a favourite among buy-side desks.
This is not financial advice.
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