Oppenheimer analyst Kenneth Wong maintained a Buy rating on Autodesk (ADSK – Research Report) yesterday and set a price target of $220.00. The company’s shares closed yesterday at $197.56.
According to TipRanks, Wong is a 4-star analyst with an average return of 7.1% and a 51.35% success rate. Wong covers the Technology sector, focusing on stocks such as Shopify, Veeva Systems, and PTC.
In addition to Oppenheimer, Autodesk also received a Buy from Rosenblatt Securities’s Blair Abernethy in a report issued yesterday. However, on May 24, BMO Capital initiated coverage with a Hold rating on Autodesk (NASDAQ: ADSK).
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The company has a one-year high of $235.01 and a one-year low of $163.20. Currently, Autodesk has an average volume of 1.36M.
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