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. and also faced target cuts this week.
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.
