Singapore Airlines, Nutanix, Asana, Target, HPE: Trending by Analysts

Analysts are intrested in these 5 stocks: ( (SINGF) ), ( (NTNX) ), ( (ASAN) ), ( (TGT) ) and ( (HPE) ). Here is a breakdown of their recent ratings and the rationale behind them.

Singapore Airlines (SIA) has been a topic of discussion among analysts, with Paul Chew from Phillip Securities Research downgrading the stock to ‘Sell’. Despite a record passenger carriage and a better-than-expected dividend payout for FY25, the airline’s core profit after tax and minority interest (PATMI) saw a significant drop. The analyst notes that while the company benefits from lower jet fuel prices and a depreciating USD, the recent share price performance has led to a downgrade. The target price was increased slightly due to SIA’s strong net cash position, but concerns remain about the softening cargo performance amid U.S. tariff volatility.

Nutanix has been downgraded to ‘Hold’ by analyst Simon Leopold, reflecting a shift to ‘Market Perform’ from ‘Outperform’. The stock has seen a significant rise, but the introduction of tariffs has introduced uncertainty in IT spending, potentially impacting Nutanix’s future estimates. While the company benefits from a strong market position alongside VMware, the macro environment poses challenges. There is speculation about potential suitors for Nutanix, which could alter its market dynamics, but for now, the stock is seen as appropriately valued.

Asana’s stock has been downgraded to ‘Sell’ by analyst Josh Baer, despite a significant rally post-Q4 earnings. The rally is attributed to insider buying by co-founder Dustin Moskovitz, but the fundamentals do not support this optimism. Asana faces intensifying competition and declining net revenue retention rates, with continued layoffs in the tech sector adding to the challenges. The company’s premium valuation compared to its peers is seen as unsustainable given its market position and the risks it faces going into FY26.

Target has experienced a downgrade to ‘Hold’ by analyst Robert Ohmes, with a new price objective set at $105. Despite attractive valuation and strategic initiatives, the company faces near-term sales volatility and competitive pressures. The uncertain tariff environment and a decline in same-store sales have contributed to the downgrade. However, Target’s long-term positioning in high-margin businesses like digital advertising and marketplace initiatives could support future profitability, though the gap with peers like Walmart has widened.

Hewlett Packard Enterprise (HPE) has been upgraded to ‘Buy’ by analyst Amit Daryanani, with a target price of $22. The upgrade reflects a favorable risk/reward scenario, with multiple pathways to upside, particularly if the Juniper deal closes as expected. The potential for cost synergies and operational improvements presents opportunities for significant EPS growth. Even if the deal does not close, HPE’s strategic initiatives could still drive value, making it an attractive investment for those with a longer-term perspective.