After-Hours Movers 11/12: (FTCH) (CSCO) (ADSK) Higher; (SAVE) (BLNK) (U) Lower (more...)

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Autodesk (ADSK) Shares Up 4% on Strong Preliminary F3Q Results, CFO leaves for Cisco

November 13, 2020 9:13 AM EST

Shares of Autodesk (NASDAQ: ADSK) are trading 4% higher in pre-open trading Friday after the company said it expects earnings for its fiscal third-quarter 2021 to come in above the prior guidance range across all Q3 guidance metrics.

The company remains confident in its fiscal 2023 financial goals and the long-term potential from digitization across AEC, the convergence of design and make in manufacturing, and the monetization of non-compliant and legacy users, it is said in the statement.

The company also announced the departure of Scott Herren, the company's senior vice president and chief... More

RBC Capital Upgrades Walt Disney (DIS) to Outperform

November 13, 2020 7:02 AM EST

RBC Capital analyst Kutgun Maral upgraded Walt Disney (NYSE: DIS) from Sector Perform to Outperform with a price target of $170.00 (from $124.00).

The analyst comments "Disney offers investors unique exposure to a recovery play that is supported by a combination of a compelling... More