Analysts turned bullish on defense and industrials this week. Lockheed Martin received an upgrade, pushing the consensus to 13 buys against just 7 holds. The $132 billion defense giant carries short interest of just 1.4% of free float. Bears have little conviction here.
Deere & Company saw a target price increase from analysts, with the new average target sitting at $662. The farm equipment maker has a $168 billion market cap. Short sellers hold just 2.1% of free float — a modest position suggesting the market broadly agrees with the bullish view.
CrowdStrike also attracted a target price lift. Its consensus average target now stands at $209.74. With 40 buys and just one sell, Wall Street remains firmly behind the cybersecurity leader. CRWD's short interest is 2.6% of free float — low for a high-growth tech name.
Utility Evergy also got an upgrade. The Kansas-based power company consensus flipped from one sell to no sells. Meanwhile, Airbnb saw a modest target bump to $175.50, with 18 holds and 23 sells still weighing on sentiment despite the revision.
Nordson saw its average target revised down sharply — from $349.71 to $331.86 — as one recommendation was removed from coverage.
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.
