Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Fortinet took the sharpest analyst blow today, collecting a formal downgrade. The cybersecurity firm now has 5 sell ratings against 30 holds and 8 buys. Its average target price sits at $164.32. The $135 billion company carries a short interest of just 2.2% of free float, so bearish conviction remains low despite the rating shift.
Advanced Micro Devices attracted more optimism. Analysts lifted the consensus target to $631.71, up from $629.21. With a $1 trillion market cap and short interest at 2.4% of FF, AMD continues to draw bullish attention even after a long run higher.
NIKE saw its average target cut to $39.36 from $40.52. The sportswear giant has 6 sells and 26 holds, with only 10 buys. Short interest has climbed to 8.6% of free float, the highest of the three names covered here. Shorts are clearly not convinced the brand turnaround is on track.
Keysight Technologies received a target bump to $418, while Accenture saw its consensus target edge up to $223.65. Both moves were modest. Among the decliners, Carvana and Ball Corporation both had targets trimmed, adding to a pattern of caution on consumer-facing names this week.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
