Analysts Back AppLovin, Trim Kroger Targets

Wall Street upgraded APP this week. An analyst moved AppLovin to a Buy. The stock carries a near-$100 billion market cap. The consensus average target stands at $508.

ADBE also attracted fresh attention. Analysts lifted their target price on Adobe to $279. The move reflects improving sentiment after recent earnings results. Short interest sits at just 4.5% of free float.

Travel stocks saw broad upward revisions. Analysts raised targets on ABNB, EXPE, and DASH. Airbnb's consensus target now sits at $183. Expedia jumped to $341. The cluster of upgrades points to renewed confidence in consumer travel spending.

KR was the notable laggard. Kroger's analyst consensus target fell to $68.48 from $69.77. The grocery chain faces margin pressure from competition. Short interest remains modest at 4.8% of free float.

DE received a new analyst recommendation. Deere's average target now stands at $688. The farm equipment maker has 16 Hold ratings and 8 Buys. Analyst coverage remains wide.

SPG saw its target trimmed to $235.44. Simon Property Group still holds 14 Buy ratings. The REIT sector faces headwinds from higher-for-longer rates.