Analysts delivered a clear downgrade to FIS on Monday. Fidelity National Information Services lost its Buy rating, with the consensus target slipping to $50.52 from $51.04. The $21 billion payments firm now sits in Neutral territory with most covering analysts.
Travel names moved the other way. BTIG lifted its target on EXPE to $400 — well above the Street consensus of $337. Expedia carries a $36.8 billion market cap. Short interest sits at 6.2% of free float, modest for a stock with this much bullish analyst backing.
Rosenblatt initiated SNPS with a Buy and a $575 target. Synopsys is the largest name in the batch at $76 billion. The EDA software giant has low short interest at 2.7% of free float.
BIIB also saw its consensus target trimmed to $236.22. Biogen faces pressure across its portfolio. The stock already draws cautious analyst coverage, with 24 Sell ratings versus just one Buy in the current consensus.
LULU target prices edged lower too. The athletic apparel brand's consensus target fell slightly to $127.77. Four Sell ratings and 29 Holds signal ongoing caution heading into the back half of the year.
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.
