BAC Bank of America consensus target jumped to $62.27 from $61.52 today. The $563B bank grabbed upward momentum as 23 analysts held buy ratings. Morgan Stanley's Betsy Graseck cut AXP American Express target to $385 from $395 maintaining hold.
Wall Street banks reported record Q1 profits per FT reporting. JPMorgan Chase, Citigroup and Wells Fargo posted over $25B combined profits as Iran war volatility drove trading boom. The sharp revenue surge validated analyst bullishness on major banks.
QCOM Qualcomm absorbed a consensus downgrade today as one analyst cut rating to hold. The $147B chip giant saw target drop to $153.32 from $154.93 showing fresh caution. Technology hardware names faced scattered pressure.
KEYS Keysight Technologies consensus target rose to $315.15 from $310.54 as analysts backed the $52B test equipment maker. FFIV F5 Networks target climbed to $311.30 from $310.30 demonstrating tech infrastructure strength.
GLW Corning grabbed a new recommendation as coverage expanded. The $38B glass maker consensus target jumped to $139.21 from $134.93 with five hold ratings.
Utilities showed mixed activity. AEP American Electric Power lost one analyst recommendation. SO Southern Company target ticked up to $102.13 from $102.08 showing modest gains.
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.
