Baird Maintains Outperform on Autodesk, Lowers Price Target to $230
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink maintains an Outperform rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $247 to $230.

May 19, 2023 | 11:50 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Baird analyst Joe Vruwink maintains an Outperform rating on Autodesk but lowers the price target from $247 to $230.
The news of Baird maintaining an Outperform rating on Autodesk indicates a positive outlook for the company. However, the lowering of the price target from $247 to $230 may create some uncertainty among investors. The overall impact on the stock price is expected to be neutral in the short term as the positive rating is balanced by the reduced price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100