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Autodesk (ADSK) Bullish Thesis Reiterated at Jefferies

March 17, 2014 7:45 AM EDT
Get Alerts ADSK Hot Sheet
Price: $216.50 +2.79%

Rating Summary:
    23 Buy, 14 Hold, 3 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 18 | New: 17
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Jefferies analyst Ross MacMillan reiterated a Buy rating and $64 price target on Autodesk (NASDAQ: ADSK) after traveling with management.

MacMillan said, "Our conviction in the model transition is greater, having spent time on the road with management. A key take-away is that we now expect further changes to both product offerings and pricing to drive toward the desired outcome."

For an analyst ratings summary and ratings history on Autodesk click here. For more ratings news on Autodesk click here.

Shares of Autodesk closed at $50.47 yesterday.


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