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Just caught some analyst activity on the board today that's worth noting. BofA's pushing Taiwan Semiconductor price target up to 500 bucks from 470 - that's a pretty solid bump if you're watching TSM price today. Meanwhile Piper Sandler moved Netflix up to 115 from 103, so streaming's getting some love from the Street.
Barclays also raised Morgan Stanley's target to 230, keeping the buy rating intact. On the flip side, there's some cuts happening too. Qualcomm just got downgraded to hold by J.P. Morgan with price target slashed from 185 to 140 - that's a bigger move. IBM and Abbott both seeing target reductions as well.
Seems like semiconductors and entertainment are getting the most positive attention right now if you're looking at what analysts are doing with their price targets today. The divergence between upgrades and downgrades is pretty interesting - not everything's moving in the same direction. Worth keeping an eye on how the market reacts to these new price targets.