Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
DELL dominated Wednesday's analyst activity. Two firms lifted their price targets sharply. Truist Securities raised its target from $360 to $505. Evercore ISI Group moved from $550 to $575, maintaining a Buy rating. The moves signal growing confidence in Dell's AI server business.
ORCL went the other way. Jefferies analyst Brent Thill cut his target from $320 to $290. He kept his Buy rating. Oracle carries a $407 billion market cap and low short interest of 2.9% of free float.
PANW received a consensus upgrade from analysts. The average target price rose to $385 from $367. The cybersecurity giant has a $295 billion market cap.
MDT drew two separate target increases from Truist Securities. Richard Newitter raised his target from $86 to $99. The medical device maker also saw its consensus target edge up to $102.88.
OKE got a $104 target from Truist's Gabe Daoud, up sharply from $93. The midstream energy firm saw its consensus target also tick higher to $99.37.
Dell's target hike of 40% from Truist stands out as the session's boldest call.
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.
