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ADSK Upgraded at the ISI Group

By Market News Video Staff, Tuesday, November 16, 12:25 PM ET

Shares of design software maker Autodesk (NASDAQ:ADSK) were upgraded from hold to buy today by ISI Group. ISI said growth may accelerate in the coming year for Autodesk and hiked its price target from $30 per share up to $43. Autodesk shares are trading lower Tuesday, despite the upgrade.

Autodesk is a 3.79% holding of the iShares S&P North American Technology-Software Index Fund (AMEX:IGV). Top stocks in the fund include Oracle (NASDAQ:ORCL), at 7.78% of the portfolio and Adobe Systems (NASDAQ:ADBE) at 7.27%.


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This Article's Word Cloud:   ADBE   AMEX   American   Autodesk   CHANNEL   INVESTMENT   Investment   NASDAQ   Oracle   PORTFOLIO   Portfolio   Software   Systems   Tuesday   allocation   allows   asset   bonds   classes   commodities   complete   completely   countries   designed   despite   flexibility   follow   from   growth   guidelines   hiked   include   investors   leads   lower   performance   portfolio   price   program   share   shares   short   software   stocks   terms   there   trading   upgrade   were   year
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