Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
BMO Capital delivered the sharpest call of the day, downgrading PTC to Hold from Buy. The target fell from $205 to $164, a 20% cut, leaving the industrial software firm nursing a short interest of 5.3% of free float.
Bernstein went the other way on energy, initiating Constellation Energy with a Buy and a $296 target. The nuclear power operator carries a market cap of nearly $95 billion. Reactor output data from ORTEX alt data shows VST, a nuclear peer, clocking output 10 standard deviations above its own history as recently as 9 September, signalling the sector is running hard.
Defence also drew fresh attention. Rothschild initiated both Lockheed Martin and Northrop Grumman with Buy ratings, setting targets at $650 and $680 respectively.
Goldman Sachs lifted its target on connector maker Amphenol from $102 to $116, keeping a Buy rating. The stock's short interest sits at just 1.3% of free float.
Fair Isaac saw the consensus target trimmed to $1,118 from $1,194, the largest target reduction in today's batch.
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.
