Analysts have been active across tech, consumer, and travel names today.
AppLovin received a fresh upgrade, lifting the consensus buy count to seven analysts. The ad-tech platform carries a $508 average target price. Its market cap sits at $98.6 billion, with short interest a modest 4.2% of free float.
Yum! Brands was also upgraded, pushing the neutral count to 14. The fast-food operator's consensus target holds at $173.79. The upgrade adds to a generally bullish backdrop for consumer staples.
Adobe saw its average target price nudge up to $279.05, from $277.75 previously. The $100 billion software giant faces a mixed analyst picture with five buys and 12 sells. Short interest stands at 4.5% of free float. Adobe reports earnings next week and analysts appear cautiously optimistic heading in.
Travel stocks also caught analyst attention. Airbnb and Expedia both received upward target price revisions. Expedia's average target now stands at $340.64.
Kroger was the notable downside call. Analysts trimmed the target to $68.48 from $69.77 amid ongoing margin pressure concerns.
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