Wall Street is bumping up price targets across several names today. AppLovin drew the most attention. Analysts raised the consensus target to $648, up from $644. The ad-tech firm carries a $157 billion market cap. Short interest sits at just 4.6% of free float.
Devon Energy earned an outright upgrade. The oil producer moved up from Hold to Buy. Its consensus target now stands at $60.88. The upgrade follows persistent weakness in crude prices. Devon's short interest is low at 2.7% of free float.
HP Inc. also saw its target rise. Analysts lifted the average to $19.87, up from $19.68. HPQ carries a notably higher short interest at 12.9% of free float — one of the more heavily shorted names in the tech hardware space.
On the downside, Salesforce saw its consensus target trimmed. The average fell to $260.40 from $261.16. The cut is modest but reflects caution following recent earnings commentary on deal cycles.
Insulet also had its target clipped, dropping to $242.29 from $245.75. The diabetes device maker remains broadly covered. Analysts hold 21 Buy ratings versus just one Sell.
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.
