Autodesk price target raised to $385 from $375 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Autodesk (ADSK) to $385 from $375 and keeps an Overweight rating on the shares. Q4 revenue growth of 12% in constant currency was above consensus expectations and FY26 as reported revenue guidance came in above expectations as well, the analyst tells investors. The Q4 results increase the firm’s confidence in free cash flow generation, which it argues “is not priced into shares.”