Wedbush covered Autodesk (NASDAQ:ADSK), hiking its price target to $76.00 earlier today
- Updated: November 30, 2016
Indicating a possible upside of 0.01%, Wedbush raised the target price of Autodesk (NASDAQ:ADSK) to $76.00
Previously on Friday February 26, 2016, UBS Securities released a statement 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%.
Just yesterday Autodesk (NASDAQ:ADSK) traded 0.11% higher at $75.26. Autodesk’s 50-day moving average is $72.33 and its 200-day moving average is $64.22. The last stock price is up 17.18% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 0 shares of the stock were exchanged, down from an average trading volume of 1,919,200
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Autodesk has a 52 week low of $41.60 and a 52 week high of $78.58 The company’s market cap is currently $0.
In addition to Wedbush reporting its target price, a total of 18 brokers have issued a report on the stock. The consensus target price is $65.06 with 0 brokers rating the stock a strong buy, 0 brokers rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock 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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