Baird lowered the firm’s price target on Autodesk (ADSK) to $336 from $345 and keeps an Outperform rating on the shares. The firm updated its model following Q4 results withthe growth oulook and margins below expectations.
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Read More on ADSK:
- Autodesk price target lowered to $350 from $360 at Stifel
- Autodesk price target raised to $285 from $275 at DA Davidson
- Autodesk price target raised to $370 from $350 at UBS
- Autodesk’s Balanced Outlook Amid Restructuring and Macroeconomic Challenges: Hold Rating Justified
- Autodesk’s Strong Performance Overshadowed by Macroeconomic Challenges and Execution Risks: Hold Rating Maintained