Barclays Raises Price Target on Autodesk (ADSK) Ahead of 3Q
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Wedbush Raises Price Target on Autodesk (ADSK) to $70 Following Reseller Checks
November 22, 2016 7:55 AM ESTWedbush reiterated a Neutral rating on Autodesk (NASDAQ: ADSK), and raised the price target to $70.00 (from $60.00), following 3Q reseller checks. Results were mixed, but mostly in line with muted revenue expectations following the elimination of perpetual license sales. Most of our contacts saw revenue down Y/Y and unit volume up. Several... More
