Micron Technology grabbed attention Wednesday after DA Davidson lifted its price target to $1,500 — up from $1,000. That is a 50% jump in one move. The chipmaker carries a $1 trillion market cap and short interest of just 3.1% of free float. Bulls are betting AI-driven memory demand keeps accelerating.
Salesforce drew the opposite treatment. Three separate analysts cut their targets in a single session. TD Cowen trimmed to $240. Barclays dropped to $236. Macquarie went furthest, cutting to $190 with a Hold rating. Despite the wave of cuts, most analysts still carry Buy ratings on the stock. Short interest sits at 7.9% of free float — elevated but not extreme. The consensus target now clusters around $240, down from $250 before the cuts.
Agilent Technologies caught an upgrade from RBC Capital's Dan Leonard, who moved to Buy with a $155 target. The lab instruments maker has a $32.7 billion market cap and very low short interest at 1.9%.
HP Inc. also saw a positive revision. TD Cowen's Krish Sankar raised the target to $26 from $20 — a 30% lift — while keeping a Hold rating.
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