Analyst desks were busy this week. Rating changes spanned sectors from cybersecurity to clean energy.
CrowdStrike gets a cold shoulder. CRWD lost a recommendation entirely. An analyst removed their rating on the $147B cybersecurity giant. The consensus still skews bullish — 41 Buy ratings remain — but the removal stands out after a turbulent 18 months for the stock.
Applied Materials earns a fresh Buy. AMAT picked up a new recommendation. The new average target price jumped to $503, up sharply from $451 before. That implies meaningful upside for the chip equipment leader. Semiconductor demand remains a key driver of the call.
Con Edison upgraded. ED received an upgrade from analysts. The $39B utility now has seven Buy ratings versus just three Sells. The move reflects renewed appetite for defensive, yield-bearing names as rate expectations shift.
Pfizer target ticks up. PFE saw its consensus target price nudge higher to $29.19. The stock remains heavily covered, with 15 Hold ratings. Analysts are cautiously warming to the pharma giant after a prolonged re-rating lower.
C.H. Robinson upgraded too. CHRW earned a fresh upgrade from brokers. The freight brokerage now has two Buy ratings. Improving logistics margins appear to be driving the positive reassessment.
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