Citigroup analysts made contrasting calls on Monday. They cut Accenture from Buy to Hold. The target price fell sharply — from $215 to $195. That is a 9% drop in the price target. Accenture trades near $115 billion in market cap and carries 4.1% SI % FF.
The same bank turned bullish on General Motors. Citigroup raised its GM target from $108 to $131 — a $23 jump. The Buy rating holds. GM trades near a $75 billion market cap.
AppLovin also drew fresh Buy coverage from Citigroup's Jason Bazinet. The target price is $710. AppLovin is a $187 billion ad-tech firm. Short interest sits at just 5% of free float.
UBS cut its target on lululemon athletica from $176 to $153. Analyst Jay Sole kept the Hold rating. Lululemon has faced slowing growth in North America. Short interest at 6.1% of free float reflects ongoing bearishness.
C.H. Robinson got a brighter outlook from UBS. Thomas Wadewitz raised the freight broker's target from $224 to $230. The rating stays Buy.
Abbott Laboratories received an upgrade from Wall Street analysts. The consensus shifted upward. The average target price is $117. MGM Resorts saw one downgrade. Its consensus slipped to a more cautious stance with an average target near $45.
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.
