Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Raymond James trimmed targets on two major carriers today. Southwest Airlines saw its price target cut to $54 from $60. Delta Air Lines dropped to $98 from $104. Both stocks kept Buy ratings. The analyst, Savanthi Syth, held a bullish stance but acknowledged near-term pressure on the sector.
The moves contrast sharply with upgrades elsewhere. Jefferies raised its target on Workday to $225 from $205, though the Hold rating remains. The HR software firm carries 11.5% short interest as a percentage of free float — a notable overhang. Jefferies' Brent Thill also cut Intuit to $500 from $550, keeping a Buy, suggesting some caution on tax-software valuations.
Citigroup's Bryan Keane lifted Accenture to $190 from $135 — a 41% jump in target price. Accenture carries a $113B market cap. That is one of the most aggressive target revisions in today's batch.
Water technology firm Xylem got a boost from Jefferies, which raised its target to $150 from $145 with a Buy. Williams-Sonoma received a target bump to $261 from B of A Securities, also rated Buy. Both upgrades reflect confidence in their respective sectors.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
