Mizuho Maintains Neutral on Autodesk, Raises Price Target to $260
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Matthew Broome maintains a Neutral rating on Autodesk (NASDAQ:ADSK) but raises the price target from $230 to $260.
August 30, 2024 | 11:47 am
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Mizuho analyst Matthew Broome maintains a Neutral rating on Autodesk but raises the price target from $230 to $260, indicating a positive outlook.
The increase in price target from $230 to $260 suggests a positive outlook for Autodesk, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant upside potential beyond the new target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100