Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analysts raised price targets across several sectors this week. The most notable upgrade hit SNPS. The EDA software giant saw its consensus recommendation improve as Wall Street moved from hold to buy. The average target price shifted to $548, up from $560 — reflecting a tighter, more bullish spread after the change.
CRM collected the biggest target price jump in dollar terms. The average analyst target climbed from $242 to $253, a nearly $11 move higher. Salesforce carries a $168 billion market cap and sits firmly in buy territory with 37 buy ratings.
WSM saw back-to-back upgrades in quick succession. Two separate target price raises lifted the consensus from $231 to $243. The home furnishings retailer has been a target of renewed optimism after recent earnings. Short interest sits at just 4.5% of free float — bears are not piling in.
also received a target bump, rising from $255 to $259. FactSet benefits from steady institutional demand. rounded out the upgrades with a modest target lift to $27.82.
The common thread: software and consumer-facing names continue to attract bullish analyst revisions heading into autumn.
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.
