Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
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 and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
