Berenberg Maintains Hold on Autodesk, Raises Price Target to $299
Portfolio Pulse from Benzinga Newsdesk
Berenberg analyst Nay Soe Naing maintains a Hold rating on Autodesk (NASDAQ:ADSK) and raises the price target from $286 to $299.
August 30, 2024 | 4:49 pm
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Berenberg has maintained a Hold rating on Autodesk and increased the price target from $286 to $299, indicating a positive outlook.
The increase in price target from $286 to $299 by Berenberg suggests a positive outlook for Autodesk, which could lead to a short-term increase in stock price. However, the Hold rating indicates a balanced view, suggesting limited upside potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100