Barclays analyst Manav Patnaik cut his price target on FICO from $1,700 to $935 today, keeping a Buy rating. That is a drop of nearly $765 per share. The move stands out as the sharpest target reduction in today's analyst activity. FICO carries a short interest of 8.8% of free float, with ample availability suggesting shorts are not yet pressing hard.
Wells Fargo also turned cautious on aerospace. Analyst David Strauss cut his target on TDG from $1,450 to $1,210, maintaining a Hold. He also trimmed HWM from $315 to $255, again staying at Hold. Both cuts point to softer expectations for aerospace supply chain pricing.
On the bullish side, Barclays raised targets on cell tower names. AMT, CCI and SBAC all got revised targets from analyst Brendan Lynch, with Buy ratings maintained across the trio.
HOOD saw its consensus target nudge up to $131.45 from $131.08. The stock's short interest sits at just 4.5% of free float. Taiwan's August export orders hit a record $103bn, nearly doubling year-on-year. That surge in tech-driven trade could support the fintech trading volumes that underpin Robinhood's growth story.
Truist trimmed EXPE to $288 from $309 at Hold, while APD saw a modest consensus target slip to $343.56 from $345.11.
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