Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Workday dominated analyst activity Thursday, with three firms raising price targets after strong earnings. Barclays lifted its target to $224 from $200. Citigroup moved to $201 from $139. Stifel went to $160 from $115. All three maintained Hold ratings — suggesting cautious optimism rather than outright bullishness. The $38.9B enterprise software firm carries short interest of 9% of free float.
Veeva Systems drew the day's biggest single-target move. Citigroup raised its price target to $273 from $190 — an $83 jump — while keeping a Hold. The life sciences software company has a $45.8B market cap and very low short interest at 3.2% of FF.
Medtronic got a more positive read. TD Cowen lifted its target to $110 from $100 and reiterated Buy, signalling renewed confidence in the medical device giant.
PayPal faced the opposite trend. Loop Capital cut its target to $50 from $62, citing ongoing competitive pressures. The consensus target also dipped slightly. Short interest sits at 3.9% of FF on the $52.6B payments company.
Autodesk saw Macquarie initiate with a Buy and a $310 target, adding fresh coverage to the design software leader.
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.
