FedEx picked up a fresh upgrade today. The logistics giant moved from Hold to Buy at consensus level, with the average target price sitting at $355.10. Short interest is just 2.3% of free float — bears are largely absent.
Darden Restaurants drew the most target price lift of the session. Consensus lifted its average price target to $233.62, up from $233.35, following a solid earnings print. At 6% SI % FF, some shorts remain, but availability is ample at 919%.
Costco saw a small target trim. The average fell to $1,065.31 from $1,069.20. The $400B retailer delivered strong sales but analysts nudged estimates lower on margin concerns.
Advanced Micro Devices got a target bump to $618.51. The chip giant has 43 Buy ratings and zero Sells — the most bullish consensus in today's batch.
Telecom faced pressure. Both T-Mobile and Charter Communications saw target cuts today. T-Mobile slipped to $244.12. Charter fell to $178.58 with five Buy ratings now balanced against five Sells.
Accenture and GoDaddy both received modest target increases, reflecting steady IT spending demand entering Q4.
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.
