Wall Street made notable target price moves on May 8. The changes spanned aerospace, media, and financial technology.
HWM was the standout upgrade. Analysts lifted the consensus target on Howmet Aerospace to $296, up sharply from $284. That is nearly a 4% jump in target price in a single session. The aerospace components maker carries a $109 billion market cap. 18 analysts rate it a Buy.
DIS also caught a positive revision. The Walt Disney consensus target nudged up to $130.67. Post-earnings momentum appears to be driving the Street higher on the media giant.
The bearish call of the day fell on FIS. Fidelity National Information Services saw its average target cut to $63.10 from $64.95. 16 out of 26 analysts still rate it a Hold. The fintech firm faces ongoing pressure as it restructures its business.
AMCR also drew a target cut. Amcor's average target slipped to $48.58 from $49.22. Eight analysts rate it a Sell.
On the energy side, FANG got a small target lift to $227.83. Diamondback Energy has strong Buy support with 25 Buy ratings versus zero Sells.
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.
