Baird Maintains Outperform on Autodesk, Lowers Price Target to $289
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Joe Vruwink maintains an Outperform rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $296 to $289.
May 29, 2024 | 10:42 am
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Baird analyst Joe Vruwink maintains an Outperform rating on Autodesk but lowers the price target from $296 to $289.
The Outperform rating suggests continued confidence in Autodesk's performance, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100