Analysts made bold moves across sectors on Tuesday. The most striking upgrade belonged to YUM Brands. Analysts pushed the fast-food operator up one notch. The consensus now sits at 15 holds and 12 buys. Short interest is modest at just 2.5% of free float.
PANW drew the biggest target price increase. The average analyst target jumped from $238 to $258 — a $20 swing on the $244bn cybersecurity giant. Short sellers look relaxed. SI sits at just 3.3% of free float.
Beauty retail took a hit. Analysts slashed targets on ULTA Beauty. The consensus target fell from $675 to $647. The stock carries 5.2% short interest. Bears may find comfort in the fresh pessimism from the Street.
Dollar General also saw target cuts. The discount retailer's average target slipped from $134 to $133. Analysts remain divided — 11 sells against 17 holds.
Omnicom received a new recommendation today as analysts initiate coverage. The ad giant's consensus target sits at $102.
CF Industries saw the sharpest fertilizer upgrade. The target climbed from $126 to $127. Nitrogen demand remains a key macro theme heading into summer.
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.
