Micron Technology leads the latest wave of analyst upgrades. Consensus target prices rose to $563.19, up from $556.05. The chip maker carries a $842B market cap. Short interest sits at just 3.2% of free float — bears are not crowding this trade.
Datadog also drew fresh upside calls. Analysts pushed average targets to $219.87 from $218.72. 44 analysts rate the cloud monitoring firm a Buy. That near-unanimous bullish lean stands out. The stock's SI % FF is low at 4.1%.
Aerospace is another hot theme. Howmet Aerospace saw its consensus target nudge above $298. TransDigm Group targets climbed to $1,532.90. Both names reflect continued analyst confidence in defence supply chains.
On the downside, utilities drew cuts. WEC Energy, Ameren, and DTE Energy all saw targets trimmed slightly. Consensus ratings slipped across the three. Rising interest rate sensitivity may be weighing on the sector view.
W.W. Grainger was a standout on the industrial side. Its target jumped to $1,252.71 from $1,237. Three Buy ratings back the industrial distributor. Akamai Technologies also earned a small boost, with average targets moving to $145.37.
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.
