Autodesk (ADSK) Receives a Rating Update from a Top Analyst

By Jason Carr

In a report released today, Koji Ikeda from Oppenheimer maintained a Hold rating on Autodesk (ADSKResearch Report). The company’s shares closed last Monday at $180.65.

According to TipRanks.com, Ikeda is a top 100 analyst with an average return of 42.9% and a 82.1% success rate. Ikeda covers the Technology sector, focusing on stocks such as Coupa Software, SPS Commerce, and Liveperson.

Currently, the analyst consensus on Autodesk is a Moderate Buy with an average price target of $217.27, representing a 17.9% upside. In a report issued on February 21, Wedbush also maintained a Hold rating on the stock with a $204.00 price target.

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The company has a one-year high of $211.58 and a one-year low of $129.70. Currently, Autodesk has an average volume of 1.31M.

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Autodesk, Inc. engages in the design of software and services. Its products include Autodesk 360 cloud services, AutoCAD civil 3D and LT, 3Ds Max, Maya, and Revit.