Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts made two notable directional calls this weekend. Estée Lauder was downgraded, pushing its consensus balance further toward sells. The stock now sits at 0 buys, 14 holds and 15 sells. The average target price holds at $107.34. Lauder has struggled with weak China demand for over a year. Its market cap has fallen to around $24 billion, roughly half its 2022 peak.
Going the other way, PepsiCo received an upgrade. Its consensus shifted from 1/17/6 to 1/18/5, meaning one sell-rated analyst moved to hold. The average target also rose to $143.18 from $145.82. That looks like a value call after a soft run for the stock.
Delta Air Lines saw its target edged up to $101.69 from $101.27. The airline now carries 24 buy ratings and no holds or sells. That unanimous buy wall reflects strong travel demand. ORTEX alt data shows Korean international passenger numbers rose 10% year-on-year in September to 24.9 million, a reading consistent with the bullish airline thesis.
Phillips 66 also had its target lifted, to $266.58 from $263.11. Consensus sits at 2 buys, 7 holds and 11 sells, so target bumps here carry limited weight. Booking Holdings saw its target trimmed slightly, to $233.83 from $235.26.
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.
