Analyst desks were busy Wednesday, with upgrades hitting ABNB and GILD while home improvement names took target cuts.
Airbnb upgraded. The consensus shifted to a net upgrade for Airbnb. The average analyst target now sits at $156.79. Short interest is low at 4% of free float. That signals little bear resistance to any rally.
Keysight surges on fresh buy calls. UBS analyst Andrew Spinola lifted his target on KEYS from $340 to $420. TD Cowen also initiated with a Buy. The consensus target jumped to $375.69 from $331.85. Keysight makes electronic test equipment. The market cap is $59B.
Retail diverges. UBS lifted its COST target to $1,275. HD went the other way. Both UBS and TD Cowen cut Home Depot targets, with TD Cowen moving from $450 to $375. Lowe's also saw its consensus target drop to $270.84 from $279.76.
Dominion Energy downgraded. lost a hold rating. The consensus slipped to 15 holds and zero buys.
Vertiv stays bullish. TD Cowen raised its target on VRT to $387 from $347, maintaining a Buy. The data center infrastructure play continues to attract positive analyst attention.
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.
