Autodesk Stock Price Target Rises 26% as JPMorgan Is Bullish on AI Adoption
Key Stats for Autodesk Stock
- 1- Year Price change for Autodesk stock: -16%
- $ADSK Share Price as of Feb. 2: $256
- 52-Week High: $329
- $ADSK Stock Price Target: $363
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What Happened?
Autodesk (ADSK) stock jumped over 1% on Tuesday after JPMorgan upgraded the design software company from “Neutral” to “Overweight” with a $319 price target.
That represents 26% upside from current levels. The upgrade comes as the investment bank expects Autodesk to capitalize on its leadership position in AI-powered design tools for architects, engineers, and contractors.
JPMorgan called Autodesk the clear…
