NetApp dominated analyst activity today. Its average target price jumped twice in quick succession — first to $121.27, then to $134.27. That puts the storage giant up roughly 14% in analyst expectations within hours. The $28B company carries 11.4% short interest. A rising target could squeeze some of those positions.
Salesforce picked up a fresh new recommendation. The CRM software giant's consensus target now sits at $257. That marks a slight pullback from the prior $261. Still, the new coverage adds weight to an already crowded buy-side view — 40 analysts tracked the stock before, now 32 remain after a removal. Its short interest stands at just 7.9% of the free float.
Costco also saw its target price nudged higher to $1,078.50. Analysts remain broadly bullish on the retailer. Its short interest is a mere 1.7% — bears are scarce here.
A wave of restaurant stocks — McDonald's, Yum! Brands, Starbucks, Chipotle, and Darden — all saw recommendation removals at the same time. This looks like a broker dropping coverage across the sector rather than a fundamental view change.
Sherwin-Williams quietly joined the target upgrade list too, with the consensus moving to $382.
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.
