Companies in the Technology sector have received a lot of coverage today as analysts weigh in on VNET Group, Inc. Sponsored ADR (VNET – Research Report) and Autodesk (ADSK – Research Report).
VNET Group, Inc. Sponsored ADR (VNET)
In a report issued on May 25, Edison Lee from Jefferies maintained a Buy rating on VNET Group, Inc. Sponsored ADR, with a price target of $8.20. The company’s shares closed last Friday at $2.64, close to its 52-week low of $2.53.
According to TipRanks.com, Lee is ranked #7146 out of 8398 analysts.
VNET Group, Inc. Sponsored ADR has an analyst consensus of Moderate Buy, with a price target consensus of $6.16.
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Autodesk (ADSK)
Mizuho Securities analyst Matthew Broome reiterated a Hold rating on Autodesk on May 26 and set a price target of $220.00. The company’s shares closed last Friday at $198.90.
According to TipRanks.com, Broome is a 3-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $232.00 average price target, implying a 15.6% upside from current levels. In a report issued on May 19, Morgan Stanley also maintained a Hold rating on the stock with a $245.00 price target.
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