tiprankstipranks
The Fly

Autodesk price target raised to $370 from $350 at UBS

Autodesk price target raised to $370 from $350 at UBS

UBS raised the firm’s price target on Autodesk (ADSK) to $370 from $350 and keeps a Buy rating on the shares. The firm views Autodesk’s print as a net positive, and that the 300 basis points of fiscal 2026 underlying margin improvement outweighs the modest downtick on constant currency revenue growth, the analyst tells investors in a research note. Autodesk says the outlook embeds prudence for potential disruption from the restructuring and CRO transition, and UBS thinks the reset could “actually be a good thing” for the set up.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

1