Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Refiners led Monday's upgrades as Wall Street turned more positive on the downstream energy sector. MPC saw its consensus target price lift to $409.28, up from $400, while PSX gained ground to $266.58. Both names were revised upward by the consensus, reflecting renewed optimism on refining margins.
The day's sharpest downgrade hit EL. Estee Lauder fell to a full Sell consensus after analysts cut the stock, with the average target staying flat at $107.34. The beauty giant has struggled with weak China demand and a slow recovery in travel retail.
HUM bucked the healthcare gloom, picking up an upgrade that nudged consensus to 10 Holds from 11. The average target jumped to $452.87 from $433.74. Managed care stocks have been volatile this year on Medicare Advantage pricing pressure.
Airlines also drew fresh attention. DAL targets ticked up to $101.65 as analysts responded to solid quarterly results. South Korean airports logged record September international passenger numbers of 24.9 million, up from 22.5 million a year earlier, a sign the global travel recovery still has momentum.
BKNG and META both saw minor target trims at the consensus level, though neither faced a rating change. DASH targets edged down slightly to $257.25.
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.
