Citigroup made a sweeping call in freight on Tuesday. Analyst Ariel Rosa upgraded both ODFL and CHRW from Hold to Buy. Rosa set a $223 target on Old Dominion and $185 on C.H. Robinson. The moves signal renewed confidence in trucking and freight brokerage after a bruising cycle.
Not everyone is bullish on logistics. JP Morgan slashed its target on FDX to $400 from $460. Analyst Brian Ossenbeck kept his Buy rating but trimmed the number sharply. FedEx carries a $76bn market cap and light short interest of just 2.1% of free float.
Northland Capital Markets upgraded INTC to Buy from Hold. Analyst Gus Richard set a $120 target. Intel's market cap has ballooned to $503bn. Short interest sits at just 2.8% of free float, suggesting bears have already exited.
Jefferies raised its target on HOOD to $140 from $127. Analyst Daniel Fannon kept his Buy rating. Robinhood now trades at a $96bn market cap. Raymond James separately upgraded ABNB to Buy from Hold, with analyst Josh Beck setting a $200 target on the home-sharing platform.
EFX and LMT both saw consensus upgrades today, adding to a broadly constructive tone from the Street.
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.
