Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
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.
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.
