Jefferies Maintains Bullish Stance on Autodesk (ADSK) Into Earnings

Autodesk Inc. (Nasdaq: ADSK) numbers are expected to be in-line next quarter and "decent" for the following quarter, according to a note issued by Jefferies today. They are expecting some volatility going forward and a potential slowdown in Europe, but they did not see a need to change the rating or update the price target.

Jefferies has a price target of $47 per share on ADSK and there is a BUY rating on the stock. ADSK closed at $39.03 on Monday, April 23rd.

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

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