Wall Street Upgrades Autodesk and Moody's

Two upgrades stand out in the latest analyst activity. ADSK received a consensus upgrade, pushing buy-side recommendations from 31 to 32. The $45.5bn design software maker now has an average target price of $315.37.

MCO also got a boost. Moody's Corporation was upgraded by one analyst, shifting the buy count from 17 to 18. The target price nudged up to $561.90. At an $85bn market cap, the credit ratings giant remains a favourite on Wall Street.

On the target price front, CRM saw its average target lifted to $272.13 from $270.84. The consensus remains firmly bullish with 38 buy ratings.

NOW moved the other way. ServiceNow's average target dipped to $141.84 from $142.23. Despite the trim, 43 analysts still rate it a buy. Short interest sits at just 2.6% of free float — bears are not making a strong bet against it.

HON also saw a target cut, with Honeywell's average falling to $263.41. The industrials giant has 13 buy ratings but eight holds, suggesting limited upside enthusiasm.

Finally, FLEX attracted a new initiation. The electronics manufacturer received a fresh buy recommendation, lifting its average target to $160.50.