Autodesk (ADSK) Tops Q3 EPS by 3c

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UBS Lifts PT on Autodesk (ADSK) to $69 Following Q3 Numbers; Net Sub Adds Nearly Triple Expectations

November 21, 2014 9:24 AM EST

UBS moves its price target on Autodesk (Nasdaq: ADSK) from $65 to $69 and maintains a Buy rating on the stock following Q3 results.

Analyst Brent Thill noted that net sub additions were nearly triple the firm's estimate. The analyst said, ADSK's ability... More