Over the past week, 16 distinct tickers saw firm-level target price adjustments across the S&P 500. Data as of June 3, 2026, highlights a flurry of activity in the Information Technology and Utilities sectors.
Target changes
AMD saw three upward revisions: Barclays moved from 500 to 665, TD Cowen from 500 to 600, and Mizuho from 515 to 615. Additional upgrades included GOOGL (Piper Sandler, 425 to 445), UNH (Truist, 395 to 440), COST (B of A, 1185 to 1200; Truist, 977 to 1011), and AMZN (Truist, 310 to 320).
Conversely, Truist issued a series of downward revisions for Utilities: SO (103 to 100), EXC (50 to 49), ETR (130 to 127), and D (67 to 66). Other downgrades included GOOGL (HSBC, 435 to 420), SHW (UBS, 385 to 330), DG (Oppenheimer, 170 to 150), and CRM (Citigroup, 188 to 187).
How this differs from consensus
Notably, while three firms raised targets for AMD, the current consensus mean still reflects an implied downside of 8% for the stock. This divergence suggests that despite recent bullish sentiment, analysts remain cautious regarding the stock's valuation relative to its current market price.