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Canaccord Genuity Cuts Price Target on Autodesk (ADSK) to $65 Following 2Q16 Results

August 28, 2015 9:11 AM EDT

Canaccord Genuity reiterated a Buy rating on Autodesk (NASDAQ: ADSK), and cut price target to $65.00 (from $70.00), following the company's 2Q16 earnings report. Revenues and EPS were in-line and at the high-end of respective guidance ranges and calculated billings showed an upside to estimates. Autodesk... More