Stifel Maintains Buy on Autodesk, Lowers Price Target to $290
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Adam Borg maintains a Buy rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $316 to $290.
May 23, 2024 | 1:35 pm
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Stifel analyst Adam Borg maintains a Buy rating on Autodesk but lowers the price target from $316 to $290.
The Buy rating suggests continued confidence in Autodesk's long-term prospects, but the lowered price target indicates some caution about short-term performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100