HSBC Initiates Coverage On Autodesk with Hold Rating, Announces Price Target of $214
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has initiated coverage on Autodesk (NASDAQ:ADSK) with a Hold rating and a price target of $214.
September 29, 2023 | 10:43 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
HSBC has initiated coverage on Autodesk with a Hold rating and a price target of $214.
The Hold rating from HSBC indicates that the analyst believes Autodesk's stock is fairly valued at current levels. The price target of $214 suggests that the analyst sees limited upside potential in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100