Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Three separate analysts lifted their price targets on PANW following the cybersecurity giant's latest results. Piper Sandler's Anna... wait — Rob Owens raised his target to $345 from $265. JP Morgan's Brian Essex moved to $326 from $300. RBC Capital's Matthew Hedberg pushed to $330 from $255. All three maintain Buy ratings. The consensus target now sits near $326. PANW carries a market cap of $241 billion and short interest of just 3.3% of free float — bears are scarce.
Fertiliser name CF Industries grabbed attention too. JP Morgan's Jeffrey Zekauskas raised his target sharply to $115 from $94. That's a 22% lift. He kept a Hold rating, but the size of the move signals improving sentiment on nitrogen pricing.
On the downside, Ulta Beauty took a hit. Piper Sandler cut its target to $600 from $725. The consensus average slid to $635 from $676. Ulta's short interest stands at 5.3% of free float.
Conagra Brands was the day's only outright downgrade. Analysts moved the food group lower with consensus shifting to five sell-equivalent ratings. The stock's average target edged down to $15.18.
Dollar General also saw target cuts. The discount retailer's average target fell to $131.97 from $134.36.
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.
