Analysts lifted price targets on storage giants Western Digital and Sandisk on Thursday, marking two of the biggest consensus moves of the day.
Western Digital's average target rose to $391 from $372 — a jump of nearly $20. Sandisk saw its consensus target climb to $1,093 from $1,051. Both stocks carry heavy buy ratings. Western Digital has 20 buy recommendations against just one sell.
Royal Caribbean bucked the trend. Its consensus target slipped to $341 from $342. It is the only major name to see a target cut today. All 15 covering analysts still rate the cruise operator a buy.
Elsewhere, AMETEK — the industrial instruments maker — saw its target nudge up to $256. Analysts rate it strongly with 14 buys and no sells.
Amgen drew a positive revision too. Its target rose to $353 from $353. The biotech carries a mixed consensus — 13 buys, 19 holds, and 3 sells.
International Paper saw its target trimmed to $41.70 from $42.00. The paper company has the most divided consensus in today's batch. That marks it as one to watch for further downward pressure.
This is not financial advice.
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.
