Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
DELL dominated analyst activity Monday. Three separate firms lifted their price targets on the server giant. Bernstein's Mark Newman raised his target from $280 to $500. Morgan Stanley went further, upgrading Dell from Sell to Hold with a new $448 target. Mizuho also moved to $500. The moves follow strong AI server demand driving Dell's order book higher.
ACN faced a rare blow. Consensus downgrades pushed Accenture lower. The IT services giant saw its analyst consensus slip, with the average target price edging down to $244. Investors are weighing slowing consulting demand against cost pressures.
Mizuho analyst Vijay Rakesh made bold calls across the tech space. He lifted AMD to $615 from $515. SMCI got a target raise to $44 from $36. INTC moved to $128 from $124.
HOOD received a fresh Buy initiation from Keybanc at a $100 target. The brokerage platform carries a $74.6B market cap. Short interest sits at 4.8% of free float.
Ciena CIEN also saw a positive consensus target price revision, moving to $464 from $459, reflecting upbeat sentiment on optical networking demand.
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.
