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Analysts trimmed targets on ULTA sharply this week. UBS analyst Michael Lasser cut his price target to $735 from $810. The consensus target fell to $633 from $676. The beauty retailer's stock carries a short interest of 5.3% of free float.
ODFL got the opposite treatment. Old Dominion Freight Line's consensus target rose to $216 from $213. The trucking name has 6.6% of its float sold short. Analysts are growing more constructive as freight data improves.
PANW attracted a new analyst recommendation this week. The cybersecurity giant's consensus target stands at $301. With a $241 billion market cap, it remains a Wall Street favourite. Short interest is just 3.3% of free float.
Energy names saw mixed moves. HAL got a target lift to $43.88. saw its target trimmed to $71.24. Both oilfield services stocks remain broadly well-covered.
CASY was an outlier — UBS raised its target on Casey's General Stores to $805 from $706. That's a $99 jump. The convenience store chain now holds a Hold rating from that analyst.
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.