Autodesk Reports Strong First Quarter Results

Go back to Autodesk Reports Strong First Quarter Results

Autodesk (ADSK) PT Raised to $120 at Canaccord Genuity Following Solid 1Q

May 19, 2017 10:33 AM EDT

Canaccord Genuity raised its price target on Autodesk (NASDAQ: ADSK) to $120.00 (from $105.00) while maintaining a Buy rating. Autodesk reported 1Q total revenue of $486M, ahead of $470M estimates and above the $480M high-end of guidance. Non-GAAP EPS loss of ($0.16) was better than ($0.21)... More

Autodesk (ADSK) PT Raised to $120 at Credit Suisse

May 19, 2017 7:32 AM EDT

Credit Suisse raised its price target on Autodesk (NASDAQ: ADSK) to $120.00 (from $115.00) while maintaining a Outperform rating.

Analyst Michael Nemeroff noted Q1 was well above expectations and they forecast ARR growth to accelerate over the next 3-4 qtrs, at least, which could... More

Autodesk (ADSK) PT Raised to $125 at Wedbush Following 1Q Release

May 19, 2017 7:24 AM EDT

Wedbush raised its price target on Autodesk (NASDAQ: ADSK) to $125.00 (from $120.00) while maintaining a Outperform rating. ADSK reported 1Q revenue of $486M, $15M above consensus estimates. EPS beat consensus by $0.08. The company added 186K subscriptions, above investor expectations probably at the 150K level,... More