Autodesk & ZWCAD Software Co. Resolve Disputes Relating to Software Misappropriation

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Cost Controls Drive EPS Beat for Autodesk (ADSK); Cowen Reiterated Outperform

November 20, 2015 7:55 AM EST

Cowen reiterated an Outperform rating and $75.00 price target on Autodesk (NASDAQ: ADSK) following the company's 3Q earnings report. Revenue of $600m was above the Street's $591m. Cost controls were a positive surprise, driving EPS of $0.14 that was well above management's $0.05-$0.10 range.

Analyst Gregg... More