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.
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