Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
DELL dominated analyst activity on Wednesday. Two firms sharply lifted their price targets. Truist Securities jumped from $360 to $505. Evercore ISI raised its own target to $575, up from $550. Both analysts maintain positive ratings on the stock.
The $138 billion tech giant carries just 5.1% short interest as a percentage of free float. Bears are not pressing hard. Availability is over 2,100% of short interest, meaning borrowing shares is easy.
ORCL drew the only target cut of note. Jefferies analyst Brent Thill trimmed his price target from $320 to $290. He held his Buy rating. The $407 billion database giant recently reported earnings, and expectations may have been too high.
PANW got a consensus upgrade. The cybersecurity giant now sits at a higher overall rating across 44 covering analysts. Short interest is below 3% of free float.
also saw meaningful target upgrades. Truist lifted its target from $86 to $99. The medical device maker benefited from positive sector sentiment.
OKE got a $11 target raise from Truist Securities, moving to $104. The midstream energy firm is drawing fresh attention from energy desk analysts.
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.
