RBC Capital Reiterates Outperform on Autodesk, Maintains $320 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg has reiterated an Outperform rating on Autodesk (NASDAQ:ADSK), maintaining a price target of $320. This reaffirms the firm's positive outlook on the stock.
April 01, 2024 | 1:43 pm
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RBC Capital analyst Matthew Hedberg reiterates an Outperform rating on Autodesk, with a maintained price target of $320, indicating a positive outlook on the stock.
The reiteration of an Outperform rating by a reputable analyst such as Matthew Hedberg, along with a high price target of $320, suggests a strong bullish sentiment towards Autodesk. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90