Goldman Sachs Upgrades Autodesk to Neutral, Raises Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs has upgraded Autodesk (NASDAQ:ADSK) from Sell to Neutral and increased its price target from $225 to $295.
September 03, 2024 | 1:26 pm
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Goldman Sachs has upgraded Autodesk from Sell to Neutral, raising the price target to $295, indicating a more positive outlook on the stock.
The upgrade from Sell to Neutral by a major financial institution like Goldman Sachs suggests improved confidence in Autodesk's future performance. The significant increase in the price target from $225 to $295 indicates a more optimistic valuation, likely leading to positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100