Citigroup has decided to maintain its Buy rating of Autodesk ADSK and lower its price target from $286.00 to $264.00.
Shares of Autodesk are trading down 1.6% over the last 24 hours, at $190.62 per share.
A move to $264.00 would account for a 38.5% increase from the current share price.
Founded in 1982, Autodesk is an application software company that serves industries in architecture, engineering, and construction; product design and manufacturing; and media and entertainment. Autodesk software enables design, modeling, and rendering needs of these industries. The company has over 4 million paid subscribers across 180 countries.
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