Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Workday dominated analyst desks Friday. Freedom Broker downgraded the enterprise software firm from Buy to Hold. The target dropped from $200 to $180. Consensus now shows 22 sell-side analysts with a bearish lean. Wells Fargo bucked the trend, lifting its target to $225 — but the downgrade carried more weight.
Short interest in Workday sits at 9% of free float. That's elevated for a $39 billion company.
Autodesk saw the opposite treatment. UBS raised its target sharply from $290 to $325. BNP Paribas followed, moving to $300 from $295. Both analysts maintain Buy ratings. With 31 bulls on the consensus, Autodesk has one of the stronger analyst lineups in software.
Robinhood also caught an upgrade in consensus target price. The average analyst target moved to $121.51 from $120.08. The trading platform's market cap has surged past $86 billion — a remarkable run.
Best Buy saw a small consensus target increase to $86.43. Retail earnings season drove the revision. PayPal moved the other way. The consensus target dipped to $59.66 from $60.57 amid continued pressure on the payments sector.
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.
