economy

January 17, 2026

This week’s most overbought names include Darden Restaurants and Target

Lockheed Martin was tied as one of Wall Street's most overbought names for the week.

This week’s most overbought names include Darden Restaurants and Target

TL;DR

  • Major stock indexes closed lower for the week, influenced by President Trump's comments regarding Kevin Hassett's potential Federal Reserve chairmanship.
  • Select stocks, including Darden Restaurants and Target, showed strong performance and entered overbought territory (RSI above 70).
  • Darden Restaurants, with an RSI of 77, saw shares up 6% for the week, though one analyst downgraded it to a 'hold' rating.
  • Target, with an RSI of 80, was upgraded to a 'buy' rating by one analyst, suggesting over 30% potential upside.
  • Lockheed Martin's RSI of 82 also placed it among the week's most overbought stocks.
  • Stocks in oversold territory (RSI below 30) included Datadog (RSI 22) and Intuit (RSI 22).
  • Analysts see potential upside for Datadog and Intuit, with price targets suggesting significant rallies from recent lows.

Continue reading the original article