Berenberg Maintains Buy on Autodesk, Lowers Price Target to $228
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Nay Soe Naing maintains a 'Buy' rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $230 to $228.

August 24, 2023 | 11:26 am
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Berenberg maintains a 'Buy' rating on Autodesk but lowers the price target from $230 to $228.
The news is directly related to Autodesk (ADSK). While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the price target is still relatively high.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100