Analysts Cut Intuit, Lift Chips

Wall Street turned cautious on INTU this week. The consensus target price fell sharply to $544.61 from $592.33 — a drop of nearly $48. That's a near-8% reduction. Intuit carries a $110.5 billion market cap. The move follows a softer-than-expected earnings outlook from the tax and accounting software giant.

Semiconductors told the opposite story. ADI saw its average analyst target jump to $442.48 from $426.94. That's a $15.54 upgrade in expectations. Analog Devices trades at over $202 billion in market cap. The chip sector rally is bringing analysts off the fence.

NVDA also received a target lift. The average price target rose to $283.76 from $275.83. With 55 buy ratings and zero sells, consensus on Nvidia remains unusually strong. The stock's $5.3 trillion market cap reflects that dominance.

Energy names COP and DVN both got small target bumps. Analysts appear to be gradually rebuilding oil sector conviction after months of range-bound prices.

CRM was the other notable downgrade. Its target slipped to $263.22 from $265.01. Two sell ratings now sit alongside 32 buys — a modest but visible shift in sentiment on the cloud software leader.