HSBC Upgrades Autodesk to Buy, Raises Price Target to $299
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Stephen Bersey has upgraded Autodesk (NASDAQ:ADSK) from Hold to Buy and increased the price target from $242 to $299.
September 03, 2024 | 12:19 pm
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HSBC analyst Stephen Bersey has upgraded Autodesk from Hold to Buy, raising the price target from $242 to $299, indicating a positive outlook on the stock.
The upgrade from Hold to Buy by HSBC, along with a significant increase in the price target, suggests a strong positive sentiment towards Autodesk's future performance. This is likely to attract investor interest and potentially drive the stock price up in the short term.
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