Analysts Back Autodesk and Moody's

Two fresh upgrades stand out in today's analyst activity. ADSK and MCO both received consensus upgrades, with average target prices sitting at $315 and $562 respectively.

Autodesk's upgrade shifts the consensus balance toward more Buy ratings. The design software maker carries a $45.5B market cap. Short sellers show little conviction — SI % FF sits at just 3.5%.

Moody's upgrade is notable given the current macro backdrop. With a $85.5B market cap, the credit ratings giant benefits from a busy debt issuance environment. Short interest is a thin 1.5% of free float.

CRM also caught attention. Salesforce saw a target price lift to $272, up from $271. That modest move keeps the bullish consensus intact — 38 Buy ratings versus just 2 Sells.

Not all the news was positive. NOW took a TP cut. ServiceNow's average target dipped to $141.84 from $142.23. The $146B platform giant still holds 43 Buy ratings but analysts see slightly less upside. HON also had its target trimmed to $263 from $264.

FLEX drew a new analyst initiation with a $160 average target. The contract manufacturer now has 11 Buy recommendations and no Sells — clean sentiment for a stock outside the usual mega-cap spotlight.