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Analysts are divided on two enterprise software names this weekend, with Autodesk drawing bullish upgrades while Workday faces a conflicting pair of calls.
Three firms raised price targets on Autodesk in rapid succession. UBS lifted its target to $325 from $290. BNP Paribas moved to $300 from $295. The consensus target now sits near $315. Short interest on the $55 billion company is just 3.4% of free float. Bears are not pressing this name.
Workday tells a different story. Wells Fargo raised its target to $225 from $215, maintaining a Buy. But Freedom Broker downgraded the stock to Hold from Buy in the same session. The $40 billion company carries 9.2% short interest — notably higher than Autodesk.
Robinhood Markets also caught analyst attention. The consensus target ticked up to $121.51 from $120.08. The $82 billion fintech sits at just 4.1% short interest.
Best Buy and Ulta Beauty both saw modest target price increases. PayPal and Simon Property Group were the outliers — both saw consensus targets trimmed slightly.
Hormel Foods received a target cut to $26 from $27 at BNP Paribas, which kept its Hold rating intact.
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.