Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating
From Yahoo Finance: 2025-05-29 13:22:00
Citi analyst Tyler Radke raised the price target on Autodesk, Inc. (ADSK) from $374 to $376 and maintained a “Buy” rating after the company reported solid Q1 fiscal 2026 results, showing growth and margin performance. Autodesk renewed large Enterprise Business Agreements, leading to increased targets for annual operating margin and free cash flow. Despite keeping full-year revenue forecast, billing targets were adjusted to reflect currency changes and the transaction-based model. Citi noted Autodesk’s outlook as more optimistic than competitors in the vertical software market. Autodesk provides software products for various industries. No promotional content included.
Read more at Yahoo Finance: Citi Raises Autodesk (ADSK) Price Target, Maintains Buy Rating