Analysts turned bearish on INTU on Wednesday. The consensus rating slipped from Hold territory toward Sell. Three analysts cut their positions, pushing the buy-side count from 24 to 21.
Oppenheimer's Scott Schneeberger dropped his price target to $380 from $406. The wider consensus average fell to $426 from $444. Intuit carries a $97.8bn market cap. Short interest sits at a modest 3.3% of free float.
The concern centres on AI-driven tax filing tools eating into Intuit's TurboTax franchise. Rival free tools have gained ground. Analysts see pricing pressure ahead.
FSLR moved in the opposite direction. Deutsche Bank's Corinne Blanchard raised her target to $299 from $272. That's a $27 jump. First Solar has 9.6% of its free float sold short. Solar policy tailwinds appear to be driving renewed optimism.
WSM also drew upgrades. The consensus average target rose to $237.89 from $231.80. Williams-Sonoma reported earnings recently. Analysts lifted targets across the board after strong results.
ADSK got a fresh Buy initiation from Macquarie's Steve Koenig with a $310 target. The software maker has 37 Buy ratings in total.
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