Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
Analyst desks were busy this week, with tech software names drawing the most attention.
Autodesk dominated the upgrade list. UBS raised its target from $290 to $325, keeping a Buy rating. BNP Paribas also lifted its target to $300. The consensus target now sits at $315. The $55bn design software firm carries short interest of just 3.4% of free float, suggesting bears aren't pressing hard.
Workday drew conflicting calls. Wells Fargo raised its target to $225 — up from $215 — with a Buy rating. Freedom Broker went the other way, downgrading from Buy to Hold with a $200 target. Short interest stands at 9.2% of free float, the highest of the three names. The diverging views reflect uncertainty over the company's AI transition.
Robinhood saw its consensus target tick up to $121.50 from $120.08. The fintech platform's market cap has ballooned to $82bn. Short sellers hold only 4.1% of free float short.
Best Buy and Ulta Beauty also saw target upgrades. Best Buy's consensus target rose to $86.43. Ulta climbed to $624, though both stocks face broad sell-side skepticism in their consensus breakdown.
Simon Property Group was the notable downside move. Its consensus target fell to $236.89 from $237.42.
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.
