ABT Abbott Laboratories absorbed a target cut today from Evercore ISI. The firm lowered its price to $134 while maintaining outperform. The $179B healthcare giant trades at 1.1% SI showing minimal short pressure.
RJF Raymond James Financial saw Jefferies slash targets to $145. The hold rating persisted as the $28B wealth manager navigated volatility. SI sits at 5% suggesting modest skepticism.
PRAX Praxis Precision Medicine grabbed an $843 target reiteration from BTIG. The buy rating held firm despite the biotech carrying 13.5% SI. The $8.6B drug developer faced meaningful short positioning.
TD Cowen trimmed targets across multiple names today. INFY Infosys dropped to $15 showing reduced confidence in tech services. AHBD ARKO also fell to $213 from $220 despite maintaining buy status.
AMC AMC Entertainment surged on record weekend box office results. The theater chain rallied despite 19% SI and tight 1.2% availability. Strong movie turnout defied persistent bear conviction.
Defensive healthcare cuts dominated today's action. Financial services absorbed pressure as firms trimmed wealth management expectations. Biotechs held analyst support despite elevated short interest.
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.
