In a report released today, Kenneth Wong from Oppenheimer maintained a Buy rating on Autodesk (ADSK – Research Report), with a price target of $315.00. The company’s shares closed yesterday at $258.17.
Wong covers the Technology sector, focusing on stocks such as Autodesk, Wix, and Shopify. According to TipRanks, Wong has an average return of 12.7% and a 60.91% success rate on recommended stocks.
In addition to Oppenheimer, Autodesk also received a Buy from Stifel Nicolaus’s Adam Borg in a report issued today. However, on the same day, Mizuho Securities maintained a Hold rating on Autodesk (NASDAQ: ADSK).
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ADSK market cap is currently $54.6B and has a P/E ratio of 60.83.
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Autodesk (ADSK) Company Description:
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.
Read More on ADSK:
- ADSK Earnings: Autodesk Jumps after Better-than-Expected Q4 Results
- Autodesk Enhances Investor Communication with Updated Materials
- AUTODESK, INC. ANNOUNCES FISCAL 2024 FOURTH QUARTER AND FULL-YEAR RESULTS
- Options Volatility and Implied Earnings Moves Today, February 29, 2024
- ADSK Earnings Report this Week: Is It a Buy, Ahead of Earnings?
