Barclays Maintains Overweight on Autodesk, Raises Price Target to $310
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Saket Kalia maintains an Overweight rating on Autodesk (NASDAQ:ADSK) and raises the price target from $275 to $310.
August 30, 2024 | 3:03 pm
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Barclays analyst Saket Kalia has reaffirmed an Overweight rating on Autodesk and increased the price target from $275 to $310, indicating a positive outlook on the stock.
The increase in price target from $275 to $310 by Barclays suggests a positive outlook on Autodesk's future performance. The Overweight rating indicates that the analyst expects the stock to outperform the market. This is likely to have a positive short-term impact on the stock price as investors may view this as a strong endorsement.
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IMPORTANCE 80
RELEVANCE 100