A report released today by RBC Capital about Autodesk (NASDAQ:ADSK) ups the target price to $71.00
- Updated: November 30, 2016
Just yesterday Autodesk (NASDAQ:ADSK) traded 0.11% higher at $75.26. ADSK’s 50-day average is $72.33 and its two hundred day average is $64.22. With the last close up 17.18% relative to the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. Volume of trade was down over the average, with 0 shares of ADSK changing hands under the typical 1,919,200
In a report released on 11/30/2016 RBC Capital bumped up the target of Autodesk (NASDAQ:ADSK) from $70.00 to $71.00 reporting a potential downside of -0.06%.
Previously on Friday February 26, 2016, UBS Securities reported about Autodesk (NASDAQ:ADSK) increased the target price from $45.00 to $53.00. At the time, this indicated a possible upside of 0.03%.
Autodesk has with a one year low of $41.60 and a 52 week high of $78.58 and has a market cap of $0.
In addition to RBC Capital reporting its stock price target, a total of 18 brokerages have issued a ratings update on the company. The average stock price target is $65.06 with 0 analysts rating the company a strong buy, zero analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
General Information About Autodesk (NASDAQ:ADSK)
Autodesk, Inc. (Autodesk) is a design software and services company, offering customers productive business solutions through technology products and services. The Company serves customers in the architecture, engineering and construction; manufacturing, and digital media, consumer and entertainment industries. It operates in four segments: Architecture, Engineering and Construction (AEC), Platform Solutions and Emerging Business (PSEB), Manufacturing (MFG), and Media and Entertainment (M&E). The PSEB, AEC and MFG segments offer a range of services, including consulting, support and training. The M&E segment offers software products to professionals, post-production facilities and broadcasters for a range of applications. Its software products enable its customers to experience their ideas before they are real by allowing them to imagine, design and create their ideas and to visualize, simulate and analyze real-world performance in the design process by creating digital prototypes.
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