Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts trimmed targets on several high-profile names this week. The most striking individual move was a downgrade of EL (Estee Lauder). The consensus shifted from 13 holds and 16 sells to 14 holds and 15 sells, with the average target flat at $107.34. The luxury beauty group has struggled for two years with weak China demand and margin pressure.
HUM (Humana) got the most constructive treatment. An upgrade pushed the hold count to 10 from 11, with the average target climbing to $452.87 from $433.74. Managed care stocks have been recovering as Medicare Advantage rate fears ease.
Refinery stocks saw target lifts across the board. PSX (Phillips 66) and MPC (Marathon Petroleum) both received upward target revisions. Marathon's consensus target jumped to $409.28 from $400. Crack spread recovery is driving analyst optimism in the sector.
BKNG (Booking Holdings) and DASH (DoorDash) both saw small target cuts. DAL (Delta Air Lines) bucked the travel trend, with analysts nudging the average target to $101.65 from $101.27, reflecting stronger international passenger trends. ORTEX Alt Data shows Korean international air passengers rose 10% year on year in September, a signal that cross-border travel demand remains firm.
California utilities EIX (Edison International) and PCG (PG&E) both saw minor target reductions, while AXON (Axon Enterprise) slipped to a $697 average target from $704.
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.
