Morgan Stanley Maintains Equal-Weight on Autodesk, Lowers Price Target to $235
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss has maintained an Equal-Weight rating on Autodesk (NASDAQ:ADSK) but reduced the price target from $245 to $235.

November 22, 2023 | 1:19 pm
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Morgan Stanley has maintained an Equal-Weight rating on Autodesk but lowered the price target from $245 to $235, indicating a more cautious outlook.
The adjustment of the price target by a major analyst like Morgan Stanley can influence investor sentiment and potentially impact the stock price. However, since the rating remains unchanged at Equal-Weight, the immediate impact might be moderate, reflecting a neutral stance with a slight negative bias due to the lowered price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100