Analysts Cut Campbell's, Downgrade Residential REIT

Analysts trimmed targets and shifted sentiment across several sectors today. The moves range from a notable REIT downgrade to bearish pressure on a consumer staples name.

EQR was the sharpest call. Equity Residential received a formal downgrade from analysts, with the consensus shifting from Hold to a more cautious stance. The residential REIT carries a $25.5 billion market cap. Its current average target price stands at $71.33. Short interest is modest at 3.4% of free float.

CPB drew a target price cut too. The Campbell's Company saw its average analyst target slip from $22.06 to $21.94. That's a small move but it adds to pressure on a stock already carrying 27.6% short interest — one of the highest readings in consumer staples.

On the positive side, ODFL got a target lift to $221.82. Old Dominion Freight Line benefits from improving freight sentiment. The $50 billion trucker has held up well against broader logistics headwinds.

AAPL also saw its consensus target nudge higher to $311.20. AVGO followed suit, with Broadcom's average target ticking up to $520.40 amid continued AI infrastructure demand.

ULTA bucked the positive trend. The beauty retailer's consensus target dropped from $630.17 to $626.00, reflecting cautious consumer spending expectations heading into summer.