Three separate brokers downgraded COO on the same day, making The Cooper Companies the standout loser in today's analyst activity. B of A Securities and Baird both cut to Hold from Buy. Needham kept its Buy but slashed its target from $86 to $73. The double downgrade from two major banks signals real concern. Cooper's market cap sits at $12.4 billion, and short interest is modest at 3.9% of free float — suggesting this is a fundamental story, not a short squeeze play.
NKE drew a fresh Sell rating from Morgan Stanley's Alex Straton, with a $31 target price. That is a sharp bearish call on a $44.9 billion company still fighting through a prolonged recovery. Short interest at Nike has ticked up to 6.3% of free float.
On the bullish side, BTIG raised targets on two data center REITs. EQIX got a bump to $1,240. DLR moved to $220. Both remain Buy-rated, reflecting continued AI infrastructure demand.
Morgan Stanley also initiated COIN at Hold with a $250 target. That lukewarm start puts the crypto exchange in a wait-and-see zone despite bullish broader crypto sentiment.
AAPL saw its B of A target trimmed from $380 to $370, though the Buy rating held.
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.