BUZZ-Autodesk gains; BofA rates 'buy' citing AI edge
بنك أوف أمريكا
أوتوديسك
Bank of America Corp BAC | 0.00 | |
Autodesk, Inc. ADSK | 0.00 |
** Design software company Autodesk's ADSK.O shares rise 1.1% to $238.69
** BofA Global Research reinstates coverage with "buy" rating
** Sets price objective at $300, implying a 23.1% upside to the stock's last close
** Says ADSK's "data, 3D context, and decade-long AI investment give it structural advantages that are hard to replicate"
** Brokerage says co has a "deep contextual understanding of geometry and assembly logic that is not available on the public web," giving ADSK an edge versus generic AI models
** Average rating of 33 analysts is "buy;" their median PT is $327.50 - data compiled by LSEG
** Stock has fallen 19.4% YTD
