Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Wall Street moved on several names today. The biggest target price jump belongs to CRM. BTIG's Allan Verkhovski upgraded Salesforce to Buy and raised his target to $300 from $255. That's an 18% lift. Needham's Scott Berg also reaffirmed a Buy with a $400 target, signalling wide bullish spread.
MDT was another notable mover. Needham's Mike Matson upgraded Medtronic to Buy and lifted the target to $114 from $101 — a 13% increase. The medtech giant carries a $116B market cap.
SJM saw the consensus target price rise to $140.06 from $134.25. That's a 4.3% increase. The J.M. Smucker Company trades at a $13.4B market cap with short interest at just under 4% of free float.
On the downside, consensus targets fell for LYB, , and . LyondellBasell slipped to $68.35 from $69.53. Monster Beverage edged marginally lower. Intuit's average target dropped to $423 from $429.
BKNG received a fresh Buy initiation from BTIG's Jake Fuller with a $250 target. Booking Holdings now has 30 Buy ratings from covering analysts.
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.
