Analysts Lift Dell and Palantir Targets

Wall Street moved price targets on several major names today, with technology stocks drawing the most attention.

Dell Technologies saw analysts lift the consensus target to $595. That is up from $593 and keeps all 29 covering analysts in the Hold or Buy camp. The stock has benefited from AI server demand, and the bullish lean among analysts remains firm.

Palantir Technologies also attracted upward target revisions. The consensus target rose to $209 from $208. Seven analysts rate the stock a Buy, but 19 still say Sell, a deeply split picture that reflects ongoing debate over valuation at current levels.

Cadence Design Systems received a target bump to $408 from $407. Analysts are near unanimous bulls, with 23 out of 25 rating it a Buy or Hold.

On the downside, AbbVie saw consensus targets trimmed to $283 from $285. Off-patent drug pressure and biosimilar competition remain concerns for the pharma giant.

Verizon Communications also drew target cuts, with the consensus sliding to $50.65. Fifteen analysts hold a neutral view, and just ten are buyers, a cautious spread.

UnitedHealth Group targets edged up to $477, a positive signal after a difficult stretch for managed care names.

Netflix targets dipped slightly to $84.76. With 33 analyst Buy ratings, however, the bullish case remains the dominant view on the street.