Analysts raised targets on two steel giants and a chip maker on Tuesday, while one financial stock drew a rare downgrade.
Nucor and Steel Dynamics both received target price increases. Nucor's consensus target moved to $252 from $250. Steel Dynamics climbed to $261 from $256. Both moves signal growing analyst confidence in steel demand despite broader tariff uncertainty.
Intel saw its consensus target nudge up to $92.17 from $90.25. The $554bn chip giant carries just 2.7% SI % FF. Analysts appear more bullish as Intel pushes forward on its foundry turnaround.
Hewlett Packard Enterprise also got a target lift. The consensus rose to $64.13 from $62.60. HPE carries a 4.2% SI % FF — the highest of Tuesday's upgraded names.
The one sour note came from Capital One Financial. Analysts downgraded the stock as the consensus shifted from holds to sells. The target slipped to $254.67 from $255.19. The move comes after the Discover Financial merger closed earlier this year.
Eli Lilly also gained. Its consensus target reached $1,215.79 — a modest tick higher. Analysts remain broadly bullish on the obesity drug leader with 22 hold/buy ratings combined.
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.
