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. Content is informational only and does not constitute investment advice.
