Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analyst target prices moved higher across several names on Thursday, with storage giant NTAP drawing the biggest upgrade in average price target — jumping to $158.63 from $121.27. That is a $37 lift. NetApp carries a short interest of 11.7% of free float, meaning bears may feel the squeeze.
DLTR also got a boost. Average targets climbed to $123.04 from $121.30. Dollar Tree has been navigating a tough consumer environment. The small target move still signals steady analyst support after a bruising stretch.
HOOD saw its consensus target nudge up to $98.77. Robinhood's market cap has swelled to $60 billion. The broker has benefited from rising retail trading volumes and crypto activity.
On the downside, HON took a modest target cut. Honeywell's average target slipped to $247.30 from $247.54 — a minor trim. Still, it reflects caution on industrial names.
BBY saw mixed signals. Morgan Stanley's Simeon Gutman raised his target to $80 from $72. Best Buy drew multiple changes across the street on the same day. The mixed picture reflects uncertainty heading into the consumer spending season.
DELL lost a recommendation entirely, with a consensus target gap now at $322 for the remaining bulls.
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.
