Morgan Stanley Maintains Overweight on Autodesk, Raises Price Target to $320
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Keith Weiss maintains an Overweight rating on Autodesk and raises the price target from $305 to $320.
August 30, 2024 | 11:45 am
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Morgan Stanley has increased its price target for Autodesk from $305 to $320, maintaining an Overweight rating. This suggests confidence in Autodesk's future performance.
The increase in price target from $305 to $320 by Morgan Stanley, along with maintaining an Overweight rating, indicates a positive outlook on Autodesk's stock. This is likely to boost investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100