Analyst target prices moved higher on Tuesday across several sectors. Three names stand out.
TRGP drew the sharpest attention. Targa Resources' average target price rose to $310.10 from $308.10. The midstream gas giant carries a $63bn market cap. Every analyst covering the stock holds a Buy rating — 20 out of 20. That near-unanimous bullishness is rare.
WELL also got a lift. Welltower's average target climbed to $260.0 from $257.0. The healthcare REIT is now a $170bn business. Fifteen analysts rate it a Buy. Short interest is just 2.5% of free float, signalling low bearish conviction.
HUBB saw its target nudge to $565.73. Hubbell's electrical products sit at the heart of the US grid infrastructure buildout. Short interest at 5.5% of FF is modest. Analysts are unanimously bullish: all 7 covering the stock rate it a Buy.
Elsewhere, AON bucked the trend. Its target dropped to $396.63 from $402.00 — the only meaningful downgrade in the batch. CRM and also received small upward target revisions, continuing a broad tone of cautious optimism heading into September.
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.
