Analyst target prices moved broadly higher on Monday, with tech and infrastructure names leading the upgrades.
CrowdStrike attracted fresh attention as the consensus target rose to $510.76, up from $504.80. The cybersecurity giant carries a $151bn market cap. Analyst support remains strong, with 41 buy ratings versus just one sell. Short sellers are not pressing the trade — SI sits at just 3.1% of free float.
Applied Materials also saw its average target nudge up to $508.63. Chip equipment stocks have caught a bid as trade tensions ease and semiconductor demand recovers. AMAT commands a $346bn market cap.
The most clear-cut rating change was at American Tower. Analysts upgraded the cell tower REIT, pushing consensus from 18 buys to 19. The average target holds at $216.14. The tower sector has benefited from steady data demand growth.
On the downside, The Mosaic Company saw its target trimmed to $27.22 from $27.28. Fertiliser stocks remain under pressure from soft crop prices.
Campbell's also took a cut. Target fell to $23.24. The food group faces weak consumer spending and private-label competition.
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.
