Goldman Sachs lifted KEYS Keysight Technologies to a $384 target. The move jumped from $322 showing 19% upside potential. The test equipment maker grabbed renewed analyst confidence as semiconductor demand strengthened.
BTIG initiated coverage across consumer packaged goods names today. MDLZ Mondelez scored a buy rating with a $70 target. The $92B snack giant represented BTIG's top pick in the sector. KHC Kraft Heinz received a hold rating as analysts flagged margin pressure.
HSY Hershey and MKC McCormick both landed hold ratings from BTIG. The firm stayed cautious on legacy food brands citing commodity cost volatility. Jewellers shifted to steel and bronze as precious metal prices surged per FT reporting.
INTC Intel consensus target rose to $51.09 from $49.67. The chipmaker grabbed modest momentum despite sector headwinds. Six analysts held buy ratings while 33 maintained hold positions.
Paper stocks absorbed consensus downgrades. IP International Paper target fell to $43.97 from $44.34. AVY Avery Dennison dropped to $207.55 from $208.45 as packaging demand softened.
FT reported corporate earnings expected to surge despite Iran war. Weak dollar and Trump tax plans fueled profit optimism across sectors.
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