DELL grabbed the biggest headline. Truist Securities lifted its target price from $360 to $505 — a 40% jump. Evercore ISI followed, raising its target from $550 to $575 with a Buy rating intact. Dell's market cap sits at $138bn. Short sellers are not a concern here. SI % FF is just 4.8%.
PANW got a consensus upgrade today. The average analyst target moved up to $385 from $367. The cybersecurity giant now carries a $295bn market cap. With SI % FF at just 2.6%, the short community is largely sidelined.
ORCL bucked the bullish trend. Jefferies analyst Brent Thill cut his target from $320 to $290. He kept his Buy rating, but the trim signals caution. Oracle is a $407bn company. At current levels, the new $290 target still implies upside.
MDT drew two separate target price increases in quick succession. Truist raised its target to $99 from $86. The consensus average target climbed to $102.88. Medical device stocks have been in demand.
ONEOK also saw a target lift from Truist, up to $104 from $93. The pipeline operator continues to attract positive attention from energy analysts.
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