Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts moved on two distinct sectors this week. Defense and utilities drew the most notable rating changes in recent activity.
LMT received a formal upgrade. The defense giant's consensus shifted to a more bullish stance, with the average target price sitting at $632.95. Lockheed carries a $130 billion market cap. Short interest is minimal at just 1.4% of free float. That low short interest suggests few bears are betting against the stock.
EVRG also earned an upgrade. The Kansas-based utility's consensus improved as analysts dropped a sell recommendation. The average target now stands at $91.95. Short sellers hold 8.1% of free float — elevated for a utility name.
On the target price front, ADP received a modest lift. The consensus target moved to $287.27 from $286.93. The payroll giant's market cap tops $111 billion.
ABNB also saw a target bump, with the average rising to $175.50. Analysts maintained their overall mixed stance on the travel platform.
VEEV picked up a target increase to $253.57. The healthcare software firm remains mostly a hold among covering analysts, with 21 of 30 recommending caution.
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.
