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Analysts’ Opinions Are Mixed on These Technology Stocks: Autodesk (ADSK), Microsoft (MSFT) and Chegg (CHGG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Autodesk (ADSKResearch Report), Microsoft (MSFTResearch Report) and Chegg (CHGGResearch Report).

Autodesk (ADSK)

Morgan Stanley analyst Keith Weiss maintained a Hold rating on Autodesk today and set a price target of $245.00. The company’s shares closed last Friday at $217.33.

According to TipRanks.com, Weiss is a top 100 analyst with an average return of 15.7% and a 66.3% success rate. Weiss covers the Technology sector, focusing on stocks such as Palantir Technologies, Bill.com Holdings, and Salesforce.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $234.58 average price target.

See the top stocks recommended by analysts >>

Microsoft (MSFT)

In a report released today, Kirk Materne from Evercore ISI maintained a Buy rating on Microsoft, with a price target of $432.00. The company’s shares closed last Friday at $369.85, close to its 52-week high of $376.35.

According to TipRanks.com, Materne is a 5-star analyst with an average return of 10.8% and a 64.7% success rate. Materne covers the Technology sector, focusing on stocks such as EverCommerce, Salesforce, and Snowflake.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Microsoft with a $409.69 average price target, a 9.7% upside from current levels. In a report issued on November 7, UBS also maintained a Buy rating on the stock with a $400.00 price target.

Chegg (CHGG)

Morgan Stanley analyst Josh Baer downgraded Chegg to Sell today and set a price target of $9.00. The company’s shares closed last Friday at $10.46, close to its 52-week low of $7.32.

According to TipRanks.com, Baer is a 3-star analyst with an average return of 3.1% and a 51.4% success rate. Baer covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, BigCommerce Holdings, and Smartsheet.

Chegg has an analyst consensus of Hold, with a price target consensus of $10.14.

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