Oppenheimer Maintains Outperform on Autodesk, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Ken Wong maintains an Outperform rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $315 to $275.

May 23, 2024 | 1:17 pm
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Oppenheimer's analyst Ken Wong maintains an Outperform rating on Autodesk but lowers the price target from $315 to $275.
The Outperform rating suggests continued confidence in Autodesk's performance, but the lowered price target indicates some caution about its near-term growth prospects. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100