Analysts Conflicted on These Technology Names: Autodesk (ADSK) and Ambarella (AMBA)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Autodesk (ADSK – Research Report) and Ambarella (AMBA – Research Report).
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Autodesk (ADSK)
In a report released yesterday, Kenneth Wong from Oppenheimer reiterated a Buy rating on Autodesk, with a price target of $375.00. The company’s shares closed last Tuesday at $294.43.
According to TipRanks.com, Wong is a 5-star analyst with an average return of
Autodesk has an analyst consensus of Strong Buy, with a price target consensus of $364.57, which is a 25.6% upside from current levels. In a report issued on November 11, RBC Capital also maintained a Buy rating on the stock with a $380.00 price target.
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Ambarella (AMBA)
Roth MKM analyst Sujeeva De Silva maintained a Hold rating on Ambarella yesterday and set a price target of $85.00. The company’s shares closed last Tuesday at $90.97.
According to TipRanks.com, Silva is a 5-star analyst with an average return of
Ambarella has an analyst consensus of Strong Buy, with a price target consensus of $95.67.
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