Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analyst desks were busy on September 1, with upgrades and target price revisions hitting several notable names.
AKAM earned the day's cleanest upgrade. The $15.4 billion CDN and cloud security firm moved up in consensus as analysts shifted from Hold to Buy. Short interest sits at nearly 14% of free float — meaningful pressure that could unwind quickly if the stock gains momentum.
HOOD saw multiple simultaneous changes. The fintech broker's consensus target rose to $122.51 from $121.51. At an $82 billion market cap, Robinhood has grown far beyond its meme-stock roots. Short interest is a low 4% of free float, reflecting broad market confidence.
MU attracted a fresh new recommendation. Micron's average analyst target stands at $1,513 — a towering figure for the memory chip giant. At $1.05 trillion in market cap, any new bullish initiation carries weight.
On the price target front, MSFT and CRM both saw their consensus targets nudged higher. Microsoft's average target rose to $571.38. Salesforce climbed to $267.71.
Defying the bullish mood, AON faced a target cut. The insurance broker's average target slipped to $399.65 from $402.
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.
