Scotiabank's Betty Zhang led a wave of energy target hikes today. FANG Diamondback jumped to $195 from $175 representing an 11% boost. COP ConocoPhillips soared to $125 from $100 showing 25% upside conviction.
EOG EOG Resources climbed to $139 from $123. DVN Devon Energy rose to $46 from $41. CTRA Coterra Energy ticked up to $32 from $31. The coordinated upgrades reflected Vitol boss warnings that oil markets lost a billion barrels due to Iran war.
TER Teradyne topped changes with consensus rising to $345 from $340. The chip tester held 54% yearly gains maintaining momentum. DOW Dow Inc consensus climbed to $41 from $40.94.
ISRG Intuitive Surgical absorbed a consensus target cut to $579 from $592. The robotics maker faced fresh scrutiny despite strong positioning. Masco dropped to $76.42 from $76.95 showing housing pressure.
Energy dominated upgrades as analysts priced in extended Middle East supply disruption. Oil traders warned of unprecedented global energy supply hits.
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