Autodesk (ADSK) was Downgraded to a Hold Rating at J.P. Morgan


In a report released today, Sterling Auty from J.P. Morgan downgraded Autodesk (ADSK) to Hold. The company’s shares closed yesterday at $137.79.

According to TipRanks.com, Auty is a 5-star analyst with an average return of 12.1% and a 58.7% success rate. Auty covers the Technology sector, focusing on stocks such as SolarWinds Corporation, Altair Engineering Inc, and Medidata Solutions.

Currently, the analyst consensus on Autodesk is a Moderate Buy with an average price target of $151.

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The company has a one-year high of $159.94 and a one-year low of $101.55. Currently, Autodesk has an average volume of 2.35M.

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Autodesk, Inc. engages in the design of software and services. Its products include Autodesk 360 cloud services, AutoCAD civil 3D and LT, 3Ds Max, Maya, and Revit.

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