Morgan Stanley Resumes Autodesk (ADSK) at Overweight, 'Catalyst Path Points to an Attractive Risk/ Reward'

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Rosenblatt Reiterates Buy Rating on Autodesk (ADSK)

August 23, 2024 10:39 AM EDT

Rosenblatt analyst Blair Abernethy reiterated a Buy rating and $290.00 price target on Autodesk (NASDAQ: ADSK).

The analyst comments "Our $290 target price is based upon our average DCF, EV/FCF and EV/S multiples, which implies a ~16% return from current levels.... More

Starboard Reiterates Call for Significant Change at Autodesk (ADSK) Following Reports of Senior Executives Intentionally Misleading Shareholders

August 22, 2024 9:01 AM EDT

Starboard Value LP (together with its affiliates, Starboard or we), a significant shareholder of Autodesk, Inc. (Nasdaq: ADSK) (Autodesk or the Company), today released a statement regarding recent reports of uncovered internal documents which allegedly show Autodesk executives ignored employees warnings about controversial sales tactics and intentionally deceived shareholders.

As we have stated in prior communications to our fellow shareholders and Autodesks Board, there is an urgent need for significant change at the Company due to its meaningful share price underperformance, poor financial results, and troubling disclosure and governance practices. This need has been... More

Autodesk (ADSK) PT Lowered to $286 at Berenberg

August 21, 2024 6:46 AM EDT

Berenberg analyst Nay Soe Naing lowered the price target on Autodesk (NASDAQ: ADSK) to $286.00 (from $290.00) while maintaining a Hold rating.... More