Energy/Utilities leads the charge with 14 stocks (SLB, NEE, NRG, VST, CEG, BKR, HAL, FANG, EOG, EQT, AR, WFRD, TLN, UUGRY) recently rated strong buy by analysts, predominantly on Wednesday. Technology and Biotech also show strong buy momentum with RBLX and ULTA upgraded on Friday. Average target prices indicate significant upside. However, retail and industrial sectors face caution with multiple downgrades to Hold.
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Ed Liston is a senior contributing editor at TheStockMarketWatch.com. An active market watcher and investor, Ed guides an independent team of experienced analysts and writes for multiple stock trader publications.