Two upgrades stand out in today's analyst activity. LMT and EVRG both received formal rating lifts, while target price bumps spread across several other names.
Lockheed Martin was upgraded by one analyst, lifting consensus to 13 Hold and 7 Sell ratings with one Buy. The defence giant carries a $130 billion market cap. Its average target price sits at $632.95. Short interest is low at just 1.4% of free float, suggesting little bearish positioning among institutional investors.
Utility firm Evergy gained a full upgrade, moving consensus away from Buy territory — now sitting at five Holds and eight Sells. Its average target is $91.95. With short interest at 8.1% of free float, some bears remain active despite the rating lift.
VEEV saw its target price nudge up to $253.57 from $251.43. The life sciences software firm has a $40 billion market cap. Consensus leans heavily negative with 21 Sells and only one Buy.
ADP and PRU also received target price increases. ADP's average target moved to $287.27. Prudential's climbed to $112.53.
ABNB rounded out the target hikes with its consensus average rising to $175.50.
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.