Barclays Maintains Overweight on Autodesk, Lowers Price Target to $275
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $310 to $275.
June 12, 2024 | 9:59 am
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Barclays analyst Saket Kalia maintains an Overweight rating on Autodesk but lowers the price target from $310 to $275.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some concerns about future performance. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100