Dan Ives of Wedbush initiated coverage of GM with a Buy rating and a $95 price target. That implies roughly 34% upside from current levels. The $71bn automaker carries just 2.1% short interest. It is a bold call in a sector still navigating tariff uncertainty.
The day's biggest downgrade hit DOC. Healthpeak Properties slipped to a lower consensus rating after a fresh downgrade. The REIT's average analyst target fell to $19.69 from $19.75. With short interest at 4.3% of free float, bears are already circling the healthcare real estate name.
CASY went the other way. Casey's General Stores saw its consensus target lift to $775 from $762. The convenience store chain has a $31.8bn market cap. Analysts appear confident in its resilience despite a tough consumer backdrop.
Insurance names drew the most collective attention. Targets were revised upward for WRB, HIG, and PGR. All three benefited from a wave of post-earnings price target increases. bucked the trend with a small target cut.
Elsewhere, multiple utility names including DUK, PPL, and DTE saw targets trimmed. The utility sector faces rising rate pressure. Analysts appear to be resetting expectations across the board.
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.
