Wall Street trimmed price targets on two very different names Friday. Analysts lowered the consensus target on GIS to $37.00 from $37.56. The stock carries short interest of 9.3% of free float — elevated for a staples name — suggesting bears are already active.
LEN took a deeper hit. Analysts cut the homebuilder's consensus target to $89.50. Housing sector pressure is weighing on sentiment. Short interest sits near 8.8% of free float.
On the other side, GILD saw its target lifted to $157.57. Analysts now hold 23 buy ratings on the biotech with zero sells. The stock's short interest is just 2.1%, showing little bearish positioning to unwind.
DRI got a rare restaurant upgrade. The Darden Restaurants consensus target rose to $226.23 from $225.58. The move followed strong earnings from the Olive Garden parent earlier this week.
SCHW also gained ground. Charles Schwab's consensus target climbed to $116.05. Financials broadly are benefiting from rate expectations shifting.
Mastercard (MA) bucked the tech-linked rally. Analysts trimmed the target slightly to $644.89. Still, 35 buy ratings back the payments giant with only one sell on record.
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.
