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Citi Downgrades Autodesk to Neutral With a $246 Target: Is the Design Software Giant Running Out of Momentum?
Citi has downgraded Autodesk (ADSK) from Buy to Neutral while lowering its price target to $246, primarily due to a sector-wide pullback in software stocks rather than concerns over the company's specific fundamentals. The downgrade comes as Autodesk shares trade at $223, reflecting a 24%...
