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Analysts Have Conflicting Sentiments on These Technology Companies: Autodesk (ADSK) and Roblox (RBLX)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Autodesk (ADSKResearch Report) and Roblox (RBLXResearch Report).

Autodesk (ADSK)

In a report released today, Keith Weiss from Morgan Stanley maintained a Hold rating on Autodesk, with a price target of $245.00. The company’s shares closed last Wednesday at $198.38.

According to TipRanks.com, Weiss is a 5-star analyst with an average return of 13.8% and a 64.0% success rate. Weiss covers the Technology sector, focusing on stocks such as Palantir Technologies, BigCommerce Holdings, and Bill.com Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Autodesk with a $238.94 average price target.

See today’s best-performing stocks on TipRanks >>

Roblox (RBLX)

In a report released yesterday, Matthew Cost from Morgan Stanley maintained a Sell rating on Roblox, with a price target of $26.00. The company’s shares closed last Wednesday at $42.85.

According to TipRanks.com, Cost is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -19.0% and a 34.3% success rate. Cost covers the Technology sector, focusing on stocks such as Activision Blizzard, Integral Ad Science, and Playtika Holding.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Roblox with a $43.56 average price target.

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