Analysts moved target prices higher on several names on Friday, with life sciences and cybersecurity standing out.
RVTY saw the biggest relative target lift. The consensus target for Revvity rose to $125.25 from $122.75. The $14.6 billion diagnostics and life sciences tools company carries a short interest of 6.6% of free float — modest but worth tracking given the analyst optimism.
Cybersecurity was another bright spot. CRWD targets climbed to $231.24 from $226.57. The $208 billion security giant draws near-universal buy ratings. 57 analysts currently recommend it.
PANW also got a target bump, moving to $390.50 from $385.65. Palo Alto and CrowdStrike together suggest Wall Street remains firmly bullish on enterprise security spending.
On the negative side, FLEX was the day's most notable cut. The contract electronics manufacturer saw its consensus target trimmed to $158.33 from $160.50. The stock has a $39 billion market cap but very low short interest at 2.5% of free float.
INTC got a modest target boost to $115.78 from $114.88. 31 analysts hold the stock. That mixed consensus reflects Intel's ongoing turnaround uncertainty.
Homebuilders PHM and LEN both attracted new recommendations Friday, suggesting broadening analyst attention to the housing sector.
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