Analysts delivered a sharp target price cut to EPAM Systems on Friday. A new recommendation slashed the average target to $149.65 from $170.24 — a drop of nearly 12%. Short interest already stands at 15.6% of free float, signalling bears are active.
Akamai Technologies got the opposite treatment. Its consensus target jumped to $143.76 from just $114.24 — a 26% jump. The CDN and cybersecurity firm carries short interest of 11.9% of FF. Bulls appear to be returning.
PPL Corporation picked up an upgrade from analysts. The utility moved from Hold to Buy consensus. Its average target held steady at $42.13.
QUALCOMM saw Tigress Financial lift its price target to $280 from $270. Ivan Feinseth reiterated a Buy. The chip giant sits with 37 analysts covering the stock.
eBay received a target bump to $106.83 from $105.94. Consensus remains mixed with 10 Sells against 19 Holds.
Iron Mountain and also saw targets raised. Both remain heavily Buy-rated with analysts across 20 and 11 firms respectively.
The standout theme today: diverging views on tech. EPAM faces headwinds while Akamai wins fresh confidence from the Street.
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.
