Analysts turned notably bullish on a cluster of beaten-down names on Wednesday.
CVS Health got the most striking upgrade. Bernstein's Lance Wilkes lifted his target on CVS to $106 from $94 — a 13% jump — while reiterating a Buy. The healthcare giant has faced persistent earnings pressure. A $106 target implies substantial upside from current levels.
eBay also attracted fresh attention. Citigroup's Ronald Josey raised his target on EBAY to $127 from $114 and reiterated Buy. The consensus target edged up to $107.39. Short interest sits at just 2.85% of free float. Short sellers are not a big threat here.
CF Industries drew the biggest consensus target lift. The average price target for CF rose to $122.58. Fertilizer stocks have benefited from shifting trade dynamics and supply constraints. CF carries 5.3% short interest — moderate, but worth watching if momentum builds.
On the other side, Citigroup trimmed its target on NWSA to $38 from $39, while keeping a Buy rating. The cut signals caution on media sector advertising trends.
Adobe saw multiple analyst changes with no clear directional shift. The consensus on ADBE held steady with the average target near $327.
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.
