Stifel Maintains Buy on Autodesk, Lowers Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg maintains a Buy rating on Autodesk (NASDAQ:ADSK) and lowers the price target from $245 to $240.
May 19, 2023 | 11:38 am
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Stifel analyst lowers Autodesk's price target from $245 to $240, but maintains Buy rating.
The news of Stifel analyst Adam Borg maintaining a Buy rating on Autodesk but lowering the price target from $245 to $240 may have a neutral short-term impact on the stock price. While the lowered price target may cause some concern among investors, the maintained Buy rating indicates that the analyst still believes in the company's potential for growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100