Analysts Trim Targets on GE, ABT After Earnings
Produced automatically from ORTEX data and published under the ORTEX News editorial standards set by Peter Hillerberg, Editor, ORTEX News. How we publish
Analyst target prices shifted across several large-caps on Friday, with downgrades dominating the session's activity.
GE saw its consensus target fall to $378.90 from $382.81. The stock's buy-side skew remains intact, with 20 buy ratings against just one hold, but the trimmed target follows a strong run in the shares.
ABT also took a consensus cut, slipping to $118.52 from $118.64. Abbott carries 24 buy recommendations and no sells, so the move reflects modest post-earnings recalibration rather than a change in view.
HON dropped to a $253 consensus target from $255. Honeywell has been restructuring, splitting into separate businesses, and analysts are still refining their models around the new structure.
On the positive side, MRK received a target lift to $159.76 from $158.56. Merck's pipeline remains a focus after recent data readouts.
COIN saw an upgrade in sentiment alongside a target nudge to $213.55 from $212.31. Crypto markets have been firm, supporting the bull case.
PG attracted multiple changes, pushing its consensus target to $172.35 from $166.27, with one sell rating dropped. That is a meaningful shift for a consumer staples name and suggests growing comfort with its pricing power.
Taiwan export orders hit a record $95.7 billion in September 2026, according to ORTEX Alt Data. That backdrop supports tech-linked names broadly, including oilfield services firm SLB, which saw its target edge up to $62.34.
Stocks in this article
How this article was generated
- Generated
- 24 Oct 2026, 16:20
- Prompt version
- v1.0
- Data sources
- Analyst consensusAlt DataIndex Rebalance
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.