Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts trimmed targets across financial stocks on Friday while raising the bar for hospitality names. The moves point to two clear themes into year-end.
SCHW, SPGI, MCO, ARES, and APO all saw consensus targets nudged lower. Schwab's average target fell to $119.32 from $119.82. Moody's dropped to $553.05 from $555.43. The cuts are modest but consistent. Analysts appear cautious on financial sector earnings power with US core CPI hitting its highest reading since the series began in 1997, per ORTEX alt data, keeping rate expectations elevated.
Hospitality was the day's bright spot. Targets rose for both and . Hilton's consensus target moved to $353.81. Marriott reached $383.54. US airport domestic passenger data has risen for three consecutive months per ORTEX alt data, suggesting travel demand remains firm. That backdrop supports the hotel upgrades.
FAST bucked the industrial trend with a target increase to $51.07 from $50.68. The industrial distributor has a split consensus with five buys, seven holds, and six sells.
STZ and SJM both saw targets trimmed. Consumer staples remain under pressure from elevated inflation. MDLZ and KO were exceptions, with small target increases despite the same cost environment.
IFF also received a modest target lift to $96.76, though the specialty chemicals company holds 14 sell ratings versus just six holds and no buys. The upgrade in target has not shifted the bearish consensus.
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.
