Autodesk (ADSK) Reports Acquisition of Spacemaker for $240M Net of Cash

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Oppenheimer Reiterates Outperform Rating on Autodesk (ADSK)

November 19, 2020 6:40 AM EST

Oppenheimer analyst Brian Schwartz reiterated an Outperform rating and $300.00 price target on Autodesk (NASDAQ: ADSK) following industry checks. Schwartz believes the long-term thesis that Autodesk is a disruptor in the large construction industry digital transformation opportunity is intact.

The company announced on... More

Pre-Open Stock Movers 11/13: (LI) (FTCH) (DKNG) Higher; (SFT) (SAVA) (BLNK) Lower (more...)

November 13, 2020 9:27 AM EST

Today's Pre-Open Movers:

Shift (Nasdaq: SFT) 26.5% LOWER; Q3 earnings, downgraded at Wedbush.

Cassava Sciences, Inc. (Nasdaq:... More

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

Autodesk (ADSK) PT Raised to $290 at Mizuho Securities

November 13, 2020 7:24 AM EST

Mizuho Securities analyst Matthew Broome raised the price target on Autodesk (NASDAQ: ADSK) to $290.00 (from $280.00) while maintaining a Buy rating.

The analyst commented, "Yesterday after the close, ADSK announced that its highly respected CFO Scott Herren will leave the co. to... More