Autodesk, Inc. (NASDAQ:ADSK) is highlighted as one of the top AI stocks to watch, with BMO Capital reiterating a Market Perform rating and $333.00 price target on October 9. The firm noted Autodesk’s transition and potential growth in construction, infrastructure, and manufacturing sectors. AI monetization strategies are seen as intriguing but may take time to build financial impact.
Autodesk, Inc. (NASDAQ:ADSK) utilizes generative AI technology to innovate across various industries. While ADSK shows promise as an investment, there are other AI stocks offering greater upside potential with less downside risk, according to reports. Investors seeking undervalued AI stocks can explore further opportunities in the market.
For more insights on AI stocks to watch, check out “10 AI Stocks Every Investor Should Watch” and “10 AI Stocks in Focus on Wall Street.” Disclosure: None.
Read more at Yahoo Finance: Autodesk (ADSK) Price Target Reaffirmed at $333 by BMO Capital