Akamai Technologies grabbed the biggest price target swing this week. The consensus target jumped to $143.76 from $114.24 — a 26% increase. Short interest sits at nearly 12% of free float. Bears and bulls are firmly divided.
Datadog got a direct upgrade from Macquarie's Steve Koenig. He raised his target to $230 from $200 and kept his Buy rating. The cloud monitoring firm carries a $62bn market cap. Short interest is low at just 4.1% of FF — shorts are not fighting this one.
EPAM Systems drew a new recommendation this week. The IT services firm's consensus target dropped sharply to $149.65 from $170.24. Short interest at 15.6% of FF is elevated. That high short base adds risk to any further analyst cuts.
QUALCOMM earned a target lift to $280 from $270 at Tigress Financial. Ivan Feinseth maintained his Buy rating. The chipmaker continues to attract bullish calls.
eBay saw the broadest positive consensus shift. The average target climbed to $106.83 from $105.94, with a mix of 19 holds and 2 buys.
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.
