Analysts delivered a wave of upward target price revisions Thursday. The sharpest single-analyst move came from Barclays, which raised its target on ABNB from $125 to $150. The bank kept its Hold rating but the 20% target increase signals growing confidence in the travel platform's outlook. Airbnb carries a $78.9B market cap and short interest is just 3.1% of free float — bears are light.
A drew the most dramatic upgrade from a standing start. Analysts lifted Agilent Technologies' consensus target from $160.85 to $172.90. That is a $12 jump. The life-science tools maker has a $43.8B market cap and short sellers are almost absent at 1.8% of free float.
Citigroup also upgraded WSM — Williams-Sonoma — raising its target from $248 to $252.
Not all calls were bullish. HRL saw its consensus target trimmed from $27.25 to $26.71. Hormel Foods continues to face pressure. Analysts cut their view as the food group struggles with volume and margin headwinds.
Workday WDAY and Salesforce also received lifted targets after their recent earnings beats, keeping software sentiment broadly positive heading into September.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
