Tech Giants Receive Neutral Ratings as Analysts Offer Cautious Views
Several major technology companies have received neutral ratings from analysts, indicating neither bullish nor bearish views on their stocks. Autodesk (ADSK), Salesforce (CRM), and Intuit (INTU) are among those receiving Hold ratings.
BMO Capital analyst Daniel Jester maintained a Hold rating on Autodesk with a price target of $283.00. The current consensus is Strong Buy, with an average price target of $309.89, representing a 41.7% upside from current levels.
UBS analyst Karl Keirstead also maintained a Hold rating on Salesforce with a price target of $260.00. The company has a Moderate Buy analyst consensus rating and a $272.62 average price target, indicating an 11.6% upside from current levels.
Stifel Nicolaus analyst Brad Reback maintained a Hold rating on Intuit with a price target of $300.00. The word on the Street suggests a Moderate Buy analyst consensus rating for Intuit with a $378.50 average price target, representing an 18.6% upside from current levels.