Autodesk's Quarterly Results Could Drive It Back to Recent Highs
Autodesk(ADSK) MarketBeat·2024-06-12 21:32
After reporting the year's first quarter results, Autodesk Inc. shares NASDAQ: ADSK are trading lower by over 3% to end the day. However, the company's financial results are far from those that would warrant such price action, and Wall Street analysts have noticed this fact.Autodesk TodayADSKAutodesk$218.28 +6.78 (+3.21%) 52-Week Range$192.01▼$279.53P/E Ratio51.85Price Target$269.05Add to WatchlistOutside of the post-earnings reaction in the stock price, shares of Autodesk are trading at a compressed 76% of ...