Piper Sandler Maintains Neutral on Autodesk, Raises Price Target to $234
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Clarke Jeffries has maintained a Neutral rating on Autodesk (NASDAQ:ADSK) and increased the price target from $215 to $234.

January 09, 2024 | 1:42 pm
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Piper Sandler has maintained a Neutral rating on Autodesk but raised the price target from $215 to $234, indicating a potential upside from the previous target.
The increase in price target by Piper Sandler suggests a positive outlook on Autodesk's future performance, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at the current level, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100