Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts raised price targets on several major names this week. CrowdStrike grabbed the most attention. Baird's Shrenik Kothari lifted his target to $520 from $490. The consensus average jumped to $638 from $571. That is an 11.7% move in the average target. CrowdStrike carries a $195B market cap and short interest sits at just 2.97% of free float.
Broadcom also drew upgrades. The consensus target rose to $503 from $486. Broadcom's market cap has crossed $2.28 trillion. Short interest is a minimal 1.1% of free float. Analysts remain overwhelmingly bullish, with 43 buys and no sells.
UnitedHealth Group got a rating upgrade from analysts. The consensus target moved to $404 from $401. This comes after a turbulent stretch for the health insurer. Short interest stays low at 1.9% of free float.
Not all moves were positive. Medtronic saw its target cut. Baird dropped their target to $85 from $93. The consensus average fell to $100 from $102.
CMS Energy was downgraded. Its consensus slipped from 9 buys to 8. FedEx and McCormick also faced target cuts this week.
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.
