Mizuho analyst John Roberts trimmed targets across three names on Thursday. Albemarle fell to a $130 target from $140, with the rating staying at Hold. Dow Inc. also drew a lower target, cut to $32 from $35. Both sit in a chemical sector facing pressure from slower industrial demand.
The sharpest Mizuho move was on Qnity Electronics, where Roberts reduced the target by $20 to $160, holding a Buy rating.
On the buy side, Morgan Stanley's Joseph Moore reiterated a Buy on Micron Technology with a $1,200 target. The call lands with context: Taiwan's August export orders hit $103 billion, a record high and up 71% year on year, according to ORTEX Alt Data tracking Taiwan export order figures. Memory chips are a core part of that flow, and Micron is well placed.
Hewlett Packard Enterprise also got a lift. Morgan Stanley raised its target to $72 from $67, keeping a Buy rating.
Loop Capital upgraded Dollar Tree to Buy from Hold, with Anthony Chukumba lifting the target to $140 from $130. Short interest stands at 4.6% of free float, low enough that any positive turn could move the stock quickly.
Evercore ISI trimmed targets on three US banks: Wells Fargo, U.S. Bancorp, and Truist Financial. The cuts were modest but consistent.
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.
