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Analyst Turns Bullish on Autodesk Stock
ADSKAutodesk(ADSK) Schaeffers Investment Research·2025-01-28 15:25

Core Viewpoint - Autodesk Inc (NASDAQ:ADSK) has seen a positive shift in stock performance following an upgrade from Mizuho, with a new price target set at 400,indicatingconfidenceinthecompanysnewtransactionmodelandsignsofmacroeconomicrecovery[1].Group1:StockPerformanceAutodesksstockiscurrentlyup3.7400, indicating confidence in the company's new transaction model and signs of macroeconomic recovery [1]. Group 1: Stock Performance - Autodesk's stock is currently up 3.7% at 310 after the upgrade, with a year-over-year increase of 20.2% [1][2]. - The stock has been steadily climbing since bouncing off the $280 level earlier this month, which had previously acted as a resistance point in March [2]. Group 2: Options Market Sentiment - The options market has shown a more bearish sentiment recently, with a 10-day put/call volume ratio of 3.38, ranking higher than 94% of readings from the past year [3]. - Following the bullish note from Mizuho, there has been a significant increase in call volume, with six times the typical volume observed [4]. - The February 320 call and September 370 call are the most popular options, with new positions being opened for the latter [4].