Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts trimmed price targets on several large-cap names Thursday, with TSLA and STZ drawing the most attention from the Street.
Tesla's consensus target fell to $392.43, down from $396.57. The stock carries a mixed picture, with 4 buys, 20 holds, and 18 sells from covering analysts. Bears outnumber bulls, and the target drift lower adds pressure.
Constellation Brands drew a fresh recommendation in addition to its own target cut. The brewer's consensus target slipped to $154.83 from $155.39. With 12 sell ratings among 23 analysts, sentiment remains firmly cautious on the spirits and beer group.
WDAY also saw its consensus target edge lower, to $208 from $208.26. The enterprise software firm holds 22 sell ratings versus only 3 buys, making it one of the more bearish setups in large-cap tech.
was another name on the receiving end of target cuts. The solar manufacturer's consensus dropped to $274.47 from $275.74. It carries 26 sell-side ratings and just one buy.
On the positive side, FCX bucked the trend. Freeport-McMoRan saw its consensus target rise to $77.14 from $75.50, reflecting improving sentiment around copper. Japan's machine tool orders jumped 65% year-on-year in August, per ORTEX alt data, signalling strong industrial capital spending globally. That backdrop supports copper demand.
Eaton Corporation also received a higher consensus target, up to $482.90 from $481.55, consistent with ongoing electrification investment themes.
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.
