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After the recent pullback, shares of Autodesk Inc (NASDAQ:ADSK) appear more attractive, while the path for outperformance seems “cleaner” in 2025, according to Piper Sandler.
The Analyst: Analyst Clarke Jeffries upgraded the rating for Autodesk from Neutral to Overweight, while raising the price target from $311 to $357.
The Thesis: The share price is down 8% from the highs reached after the company’s fiscal third-quarter earnings release, Jeffries said in the upgrade note.
Check out other analyst stock ratings.
The stock came under pressure due to the …
Full story available on Benzinga.com
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