Analysts are dividing sharply on the consumer discretionary sector. Two opposite calls stand out today.
Deutsche Bank's Krisztina Katai upgraded ULTA to Buy. Her new target is $695. That's a $3 lift from the prior $692. Short interest sits at just 5.4% of free float. Bears have little grip here.
The opposite move hit LULU. UBS analyst Jay Sole cut the target to $120 from $124. The rating stays at Hold. Lululemon carries 9.7% short interest. Sellers are more active in this name.
HPE drew an upgrade today too. The broader analyst consensus shifted higher for Hewlett Packard Enterprise, with the average target moving to $65.35. That follows strong enterprise demand trends. Market cap sits at $69.4 billion.
Wolfe Research lifted its NFLX target to $95 from $84. That is a $11 move. Analyst Peter Supino kept his Buy rating intact.
Also from Wolfe, XYZ — Block Inc — got a target hike to $115 from $100. Darrin Peller held his Buy call. Payments names are clearly back in favour with this desk.
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.
