Analysts Lift Targets on Brokerages, Freight

BlackRock received an upgrade from analysts today, pushing the consensus target to $1,351. The world's largest asset manager has benefited from record inflows. It is now rated Buy by 17 analysts, with just one Hold and two Sells.

J.B. Hunt Transport Services saw its consensus target edge up to $279.52. The freight sector has faced a patchy recovery. A rising target here signals some analysts see the worst of the freight cycle as past.

Robinhood Markets received a target lift, with the consensus now at $134.80. The retail brokerage has pushed aggressively into crypto and options trading. Analysts have grown more positive as revenue diversifies.

On the downgrade side, Kraft Heinz had its target trimmed to $24.69. The packaged food group has struggled with falling volumes and private-label competition. The stock carries 13 Hold ratings, making it a consensus avoid.

Western Digital also saw a target cut to $650.67. Taiwan export orders in September surged 74% year-on-year, per ORTEX Alt Data, which could support the broader memory cycle. Yet analysts still trimmed targets, suggesting near-term caution.

Vertiv Holdings had its target nudged down to $333. The data centre power equipment maker still holds 26 Buy ratings. The minor trim likely reflects near-term valuation rather than a change in the longer-term AI infrastructure story.