Analysts raised targets across several sectors this week. The upgrades lean firmly toward defense, cloud, and industrial names.
Howmet Aerospace leads the pack. HWM saw its consensus target climb to $298.17, up from $297.93. The $108 billion aerospace components maker holds 18 buy ratings. Short interest sits at just 2.6% of free float — bears are staying away.
Datadog drew broad bullish attention. Analysts lifted the average target on DDOG to $219.87. The cloud monitoring firm carries 44 buy ratings against just one sell. With a $66 billion market cap and short interest under 5%, the setup looks constructive.
W.W. Grainger got a meaningful target boost too. The consensus price on GWW rose to $1,252.71, up from $1,237. The industrial distributor holds 11 buys and 4 sells.
On the flip side, utilities faced pressure. Analysts trimmed targets on WEC, DTE, , and — all four saw small target cuts. Rising rate concerns continue to weigh on the sector.
Cognizant also saw a negative target revision. CTSH slipped to a $73.79 consensus, with the IT services firm holding zero buy ratings among analysts.
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.
