Scotiabank delivered the day's boldest call. The bank raised its target on TRGP from $257 to $314 — a 22% lift — while keeping a Buy rating. Targa Resources is a $62.6 billion midstream giant with short interest of just 2.6% of free float. The bullish call stands out given the size of the move.
At the same time, Scotiabank trimmed its target on WMB from $86 to $85. It kept Williams Companies at Buy. The divergence suggests the bank sees Targa pulling ahead within US midstream.
William Blair delivered a surprise downgrade. The firm cut COO from Buy to Hold. Cooper Companies — contact lenses and surgical equipment — has a $10.3 billion market cap. No new price target was issued. That absence often signals a cautious stance.
TTD saw its consensus target edge up slightly. The Trade Desk remains a divided story. Eight analysts rate it a Sell against just five Buys. Short interest sits at 21.3% of free float — one of the higher readings in ad-tech. Target price improvements have not yet flipped the bearish majority.
ARES and both saw consensus targets nudged higher. The alternative asset managers continue to attract positive revisions as fee income grows.
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.
