Analysts fired opposing shots across tech this week. INTC was downgraded, pulling its consensus rating lower. Intel's $557B market cap has drawn scepticism as the chipmaker's recovery remains uncertain.
DXCM also took a hit. The glucose-monitoring firm was downgraded, and analysts trimmed its average target price to $81.64. The consensus shifted — holds replaced buys.
On the other side, ADI was upgraded. The Analog Devices average target jumped from $408 to $427. Analysts see room to run in the $202B semiconductor name.
Aerospace stood out too. HWM and VRT both received target price lifts. Howmet Aerospace's consensus target rose to $302.93. Vertiv climbed to $364.73.
Retail was mixed. TGT got a small target boost to $129.97. LOW saw analysts cut targets from $279 to $266. Both reported earnings this week, with results driving the revisions.
INTU took the biggest target cut in the list. Intuit's consensus price target fell from $592 to $579. That is a $13 drop in a single update round.
OXY bucked the energy gloom. Occidental Petroleum was upgraded, with analysts moving from hold to buy.
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.
