Two upgrades stand out in today's analyst activity. FDX received a fresh upgrade, with the consensus shifting from 17 Buy ratings to 18. The average target price now sits at $404.42. Short interest is low at 1.9% of free float. That leaves limited downside pressure from bearish positioning.
HSY also drew an upgrade. The Hershey Company moved to 15 Hold ratings, up from 16 Sells previously in the mix. The average target stands at $216.96. Short interest is 6.6% of FF. Cocoa price concerns have kept bears active in the stock for months.
In fintech, XYZ — Block, Inc. — saw a target price bump from the consensus. The average target edged up to $90.47. Block carries 3.8% SI % FF. The stock has been recovering alongside broader fintech sentiment.
Medical devices saw a mixed session. BSX and ABT both had targets trimmed slightly. ZBH and SYK bucked the trend with small target increases.
INTU received a new analyst recommendation today. The consensus now shows 28 Buy ratings against just six Holds. The average target stands at $502.
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.
