Retail stocks led the latest round of analyst upgrades. Ross Stores saw its average target price jump to $251.94, up from $244.41. The move followed strong quarterly results. Analysts remain broadly bullish — 15 Buy ratings versus just one Sell.
Walmart and Target also received upward target revisions. Walmart's consensus target rose to $138.05. Target's moved to $131.18. Both names benefit from tariff-driven trade-down trends pulling more consumers into discount retail.
In tech, Workday drew the most bullish attention. The average analyst target climbed to $179.19. Short interest sits at 13.8% of free float — elevated, but ample borrow is available at just 0.46% APR. A squeeze could amplify any further upside.
NVIDIA also got another target bump, with the consensus rising to $294.14. Fifty-seven Buy ratings back the stock. No Sell ratings exist among covering analysts.
Gaming name Take-Two Interactive saw its target tick up to $277.43. The stock carries 25 Buy ratings and just one Sell.
On the downside, Deckers Outdoor and Gilead Sciences both saw modest target cuts. Neither change signals a shift in overall analyst sentiment — both retain majority Buy consensus ratings.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.