PCG PG&E jumped to buy from hold today. Analysts lifted the $7.5B California utility amid sector rotation. The upgrade pushed consensus to 14 hold and 4 buy ratings. Target price held at $22.60.
CNP CenterPoint Energy climbed to buy as well. The $27B Houston-based utility grabbed analyst attention. Target rose to $44.94 from $44.50 showing modest conviction. Consensus shifted to 8 hold and 9 buy ratings.
OKE ONEOK target price ticked up to $90.65 from $90.40. The $54B pipeline operator held 11 hold and 10 sell ratings. WELL Welltower added a new recommendation hitting $228.80 consensus target.
DRI Darden Restaurants target jumped to $225.82 from $225.46. The $28B casual dining giant held 19 hold and 11 sell ratings. DASH DoorDash faced multiple changes yet target stayed flat at $258.
Defensive positioning accelerated as Iran war entered week three. UK gilt yields hit 5% per FT reporting. Analysts rotated toward utilities and staples as energy shock fears mounted. Gold fell for the third week despite dollar weakness.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.