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Analysts delivered upgrades to two notable names this week. Lockheed Martin and Evergy both received formal rating lifts, standing out from a batch of consensus target price tweaks across the market.
Lockheed climbed to a Hold from a Sell at one unnamed firm. The defense giant carries a consensus target of $632.95. The $130 billion company has short interest of just 1.4% of free float — bears are scarce here. Defense spending tailwinds may be driving renewed analyst optimism.
Evergy's upgrade came as the mid-cap utility's consensus flipped from Sell-leaning to more neutral ground. Its consensus target sits at $91.95. The $18.7 billion utility has short interest at 8.1% of free float — elevated for the sector — making the upgrade meaningful for shorts to watch.
Accenture led a wave of target price increases. Analysts nudged the IT services giant's average target up to $181.31 from $179.11. and also saw target lifts, while edged higher to $175.50.
On the other side, Cognizant saw a recommendation removed — a quiet but notable shift for the IT services rival that has lagged peers.
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.