WRB W.R. Berkley absorbed a target slash from UBS. Brian Meredith dropped his price to $69 from $71 shifting to hold. The $10B insurer faced pressure amid rate uncertainty.
SCHW Charles Schwab took a UBS downgrade today. Michael Brown cut his target to $119 from $125 while maintaining buy. The $118B brokerage held 17 sell ratings showing analyst division.
RJF Raymond James saw UBS slash its target to $158 from $176. Brown kept a hold rating as the financial services firm navigated volatility. Eight analysts held neutral stances.
Chemicals grabbed upgrades as Citi turned bullish. LYB LyondellBasell jumped to $90 target from $76. DOW Dow Inc surged to $48 from $40 both rated buy by Patrick Cunningham.
MU Micron climbed further as UBS lifted its target to $535 from $510. Timothy Arcuri maintained buy on the memory chip maker. The stock held zero sell ratings showing rare analyst unity.
PYPL PayPal gained a Citi boost to $48 from $42 despite hold rating. XOM Exxon consensus target ticked up to $161 as oil held near $100.
Financials faced systematic downgrades while energy and chemicals drew fresh conviction.
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