DELL grabbed the spotlight today. Truist Securities raised its price target from $360 to $505 — a 40% jump — while keeping a Hold rating. Evercore ISI followed with its own increase, moving from $550 to $575, and maintaining a Buy. The dual upgrades pushed the consensus target for the $138 billion PC and server maker sharply higher.
The enthusiasm likely reflects Dell's expanding AI server business. The company has emerged as a key hardware supplier for enterprise AI buildouts.
ORCL moved in the opposite direction. Jefferies analyst Brent Thill cut his target from $320 to $290, though he kept a Buy rating. The $407 billion cloud and database giant faces rising competition concerns. Oracle's short interest sits at just 2.9% of free float, so bears remain scarce.
PANW received a consensus upgrade from the analyst community. The cybersecurity leader's average target rose from $366 to $385. The $295 billion firm has benefited from corporate demand for AI-driven security tools.
MDT drew two separate target increases. Truist's Richard Newitter lifted his view from $86 to $99. The medtech giant's consensus target edged up to $102.88.
ONEOK also saw a notable target hike. Truist's Gabe Daoud raised his price target from $93 to $104, reflecting stronger midstream energy fundamentals.
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.
