Analysts turned more positive on defence and tech names this week. Lockheed Martin received a fresh upgrade, shifting one analyst from Hold to Buy. The consensus now sits at one Buy against thirteen Holds and seven Sells. Target prices cluster near $633. The stock carries a $130bn market cap and short interest is just 1.4% of free float — bears are scarce.
Automatic Data Processing saw its consensus target price nudged up to $287, from $287 prior, as analysts trimmed their models slightly higher. Short sellers are light here too at 3.3% of free float.
CrowdStrike got a target price lift to $209.74. With 40 analyst ratings, coverage is exceptionally deep. The stock commands a $195bn market cap. Short interest is low at 2.6% of free float, reflecting bullish positioning across the board.
Deere & Company also saw its consensus target move to $661.94. Analysts remain split — eleven Holds but twelve Sells — suggesting continued caution on the agricultural equipment maker's earnings outlook.
Utility Evergy was upgraded in the period. The consensus target reached $91.95, with the move pushing one analyst from Sell to Hold.
Retail names also drew attention. Target and Home Depot both saw modest target price increases following recent earnings beats, with consensus targets at $161.62 and $377.50 respectively.
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.
