BMO Capital Maintains Market Perform on Autodesk, Lowers Price Target to $254
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Daniel Jester maintains a Market Perform rating on Autodesk (NASDAQ:ADSK) but lowers the price target from $293 to $254.
June 12, 2024 | 2:33 pm
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BMO Capital has maintained its Market Perform rating on Autodesk but has lowered the price target from $293 to $254.
The lowering of the price target from $293 to $254 by BMO Capital suggests a less optimistic outlook for Autodesk's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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IMPORTANCE 80
RELEVANCE 100