WDAY took the sharpest blow Thursday. The consensus rating slipped to a downgrade. One analyst cut their hold count. Needham's Scott Berg went the other way, raising his target sharply to $230 from $180 — a $50 jump that stands out.
Piper Sandler also lifted their Workday target to $190 from $145 while keeping a Hold. The $38B HR software giant carries short interest of 9% of free float — elevated for large-cap software.
ULTA sent mixed signals. Goldman Sachs raised its target to $667 from $648 with a Buy. B of A cut theirs to $650 from $685, also maintaining Buy. The consensus target ticked down slightly. Short interest sits at just 4.5% of free float.
ADSK attracted fresh coverage. BTIG initiated with Buy at $300. Piper Sandler cut its Autodesk target to $338 from $369, still Buy. The $54B design software company's consensus target nudged higher to $315.
BBY saw Goldman's Kate McShane raise the target to $71 from $62, rating Sell. The consensus price target also climbed. Allstate (ALL) was downgraded to Hold from Buy by Argus Research.
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