Analysts raised price targets across multiple sectors this week. Big Tech and semiconductors dominated the action, with several notable upward revisions following strong earnings.
AMZN saw its consensus target rise to $307.60. GOOGL climbed to $413.78. Both moves follow solid Q1 results. META bucked the trend slightly. Its average target dipped to $832.80, down from $837.04.
In chips, AMD got a boost to $307.50 consensus. INTC also moved higher, with the average target reaching $79.05. Intel carries a short interest of just 2.6% of free float, suggesting skeptics are not piling in despite its turnaround challenges.
The auto space attracted two separate upgrades in quick succession. GM's consensus target hit $94.08 after back-to-back upward revisions. Short interest sits at just 2.1% of free float. Bulls appear to be winning that debate.
The standout off-the-beaten-path call came in chemicals. LYB received an upward target revision to $76.29. The stock carries a $24B market cap and a short interest of just 4.2% of free float. Analysts see value emerging in the beaten-down sector.
MSFT was the lone mega-cap loser. Its consensus target slipped to $560.77 from $561.93.
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.
