Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analyst target prices on PEP fell twice in quick succession on Friday. The consensus average target dropped from $148.64 to $144.82 across two separate cuts. That puts the stock roughly 8% below where it stood at the start of the week on analyst expectations.
Energy names moved in the opposite direction. DVN received an upgrade as well as a target price increase. The consensus target rose to $60.96, and one analyst shifted from Hold to Buy. Devon has short interest of just 2.5% of free float, so the upgrade faces little short-side resistance.
MPC also drew a higher target, with the consensus moving up to $400. PSX followed the same pattern, analysts lifting their average target to $263.
Refinery stocks appear to be the week's clearest area of analyst optimism. Both Marathon and Phillips 66 received upward revisions on the same day.
BA attracted a new recommendation, with two analysts adding coverage. The Boeing consensus still sits heavily weighted toward Hold. NOC also drew a fresh recommendation, with the consensus target falling slightly to $625 from $634.
ALGN and DUK both saw modest target cuts, adding to a broad pattern of mild trimming outside the energy sector.
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.
