Intel led Monday's analyst headlines with a consensus target price lift to $85.84. The chip giant's average target rose from $84.43. Analysts appear more optimistic as Intel pushes its turnaround plan forward.
Palo Alto Networks also received an upward target revision. The cybersecurity firm's consensus target now sits at $212.06, up from $210.76. With a $197B market cap, PANW remains a Wall Street favourite. Short interest is low at 3.3% of free float.
Energy services saw the opposite. Baker Hughes had its consensus target trimmed to $70.57 from $70.81. The cut follows broader pressure on oilfield services names. The company carries a $63.6B market cap.
Elsewhere, alternative asset managers drew fresh scrutiny. Both Blackstone and Apollo Global Management saw target prices nudged lower. Blackstone's new consensus target stands at $143.55. Apollo lands at $149.65.
Storage REITs bucked the trend. Analysts lifted targets on Public Storage to $317.06 and to $152.90. The REIT sector appears to be regaining favour as rate expectations ease.
Salesforce received a new recommendation. Its consensus target is $265.
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.
