In a report released today, Kash Rangan from Goldman Sachs reiterated a Sell rating on Autodesk (ADSK – Research Report), with a price target of $185.00. The company’s shares opened today at $189.23.
According to TipRanks, Rangan is a 5-star analyst with an average return of 6.4% and a 54.01% success rate. Rangan covers the Technology sector, focusing on stocks such as Salesforce, Microsoft, and Splunk.
Autodesk has an analyst consensus of Moderate Buy, with a price target consensus of $249.00, a 31.59% upside from current levels. In a report released on September 22, MoffettNathanson also initiated coverage with a Sell rating on the stock with a $206.00 price target.
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The company has a one-year high of $335.48 and a one-year low of $163.20. Currently, Autodesk has an average volume of 1.4M.
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Autodesk, Inc. designs and develops software for the architecture, engineering, manufacturing, construction, and media and entertainment industries. Moreover, its digital media and entertainment solutions consists of tools for digital sculpting, animation, effects, modeling, rendering, and compositing for design visualization, visual effects, and games production.
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