Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Estée Lauder EL drew the most notable bearish call of the session. Consensus downgrades pushed the stock lower on the board. The average target price holds at $107.34, but the sell-side shifted a rating from hold to sell. That puts the split at 15 sells versus zero buys among tracked analysts.
PepsiCo got the opposite treatment. Consensus upgraded the stock, moving a hold to buy. The average target eased slightly to $143.18 from $145.82. Citi's Filippo Falorni separately cut his target to $135 from $142 while staying at hold, a cautious note after PepsiCo's recent volume pressure in North America.
Delta Air Lines saw the consensus target tick up to $101.69 from $101.27. All 24 tracked analysts remain at buy. Korean airports handled a record 38.8 million passengers in September, the largest September total since records began in 2023, a signal that long-haul demand holds firm.
Steel Dynamics received a target cut to $260 from $272 at JP Morgan. Bill Peterson maintained his hold. bucked that trend, with a small consensus target lift to $284.31. Steel names are pulling in opposite directions as metals markets weigh slowing construction demand against auto sector resilience.
Phillips 66 rounded out the upgrades, with the consensus target rising to $266.58 from $263.11.
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.
