Analysts Turn Bullish on Tech and Freight

Earnings season is driving a fresh wave of target price revisions, with data centre infrastructure and consumer platforms seeing the biggest upgrades.

VRT collected the most bullish shift. Vertiv Holdings saw its consensus target lifted to $335.68, up from $333.00. All 26 buy-rated analysts held their calls. Demand for power infrastructure tied to AI data centres remains the core argument.

EBAY also got a boost. The average target rose to $118.40 from $116.92, reversing a period of cautious sentiment on the e-commerce platform.

CMG targets moved higher too. Chipotle's consensus target climbed to $42.20, with 22 buy ratings intact. Restaurant traffic data continues to back the bull case.

On the other side, freight names took cuts. CHRW saw its target trimmed to $186.87 from $191.83, with 18 hold-rated analysts keeping neutral stances. ODFL also dropped, with the average target falling to $217.71 from $219.14 as trucking volumes disappoint.

RJF targets slipped to $182.14 from $183.86, though all 16 analysts remain bullish.

CNC bucked the healthcare gloom. Centene's target edged up to $74.50, with the buy-to-hold split now four versus six, suggesting cautious optimism around Medicaid margins.

The broad pattern: infrastructure wins, logistics waits.