Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
DELL grabbed the biggest target price move of the day. Truist Securities analyst Matthew Niknam raised his target from $360 to $505. That is a 40% jump. Evercore ISI also lifted its target, moving from $550 to $575. Both analysts kept Hold and Buy ratings respectively. Dell's market cap sits at $138 billion. Short interest is a modest 4.8% of free float.
Jefferies took the opposite view on ORCL. Analyst Brent Thill cut his target from $320 to $290. He kept a Buy rating, but the trim signals caution. Oracle trades at a $407 billion market cap with short interest below 3% of free float.
PANW got a consensus upgrade from the broader analyst community. The average target price nudged up to $385 from $367. Palo Alto has a $295 billion market cap.
MDT attracted two separate target price hikes on the same day. Truist raised its target to $99 from $86. The consensus average moved to $102.88.
ONEOK also drew a bullish target revision. Truist lifted its price target to $104 from $93, while keeping a Hold rating.
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.
