Stifel Maintains Buy Rating for Autodesk: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Stifel has maintained its Buy rating for Autodesk (NASDAQ:ADSK) but lowered its price target from $245.00 to $240.00. Autodesk shares are currently trading down 2.17% at $200.39 per share.
May 19, 2023 | 5:03 pm
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Stifel maintains Buy rating for Autodesk (NASDAQ:ADSK) but lowers price target from $245.00 to $240.00. Shares are trading down 2.17% at $200.39.
Stifel's decision to maintain a Buy rating for Autodesk indicates a positive outlook for the company, but the lowered price target from $245.00 to $240.00 suggests a slightly less optimistic view. The current share price decline of 2.17% may be a short-term reaction to the news, but the overall impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100