Autodesk (ADSK) Tops Q2 EPS by 2c; Issues Light Q3 Outlook
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Canaccord Genuity Cuts Price Target on Autodesk (ADSK) to $65 Following 2Q16 Results
August 28, 2015 9:11 AM EDTCanaccord Genuity reiterated a Buy rating on Autodesk (NASDAQ: ADSK), and cut price target to $65.00 (from $70.00), following the company's 2Q16 earnings report. Revenues and EPS were in-line and at the high-end of respective guidance ranges and calculated billings showed an upside to estimates. Autodesk... More
Autodesk (ADSK) PT, Estimates Lowered at Wedbush Amid Weak Results, Outlook
August 28, 2015 7:07 AM EDTWedbush analyst Steve Koenig reiterated a Neutral rating and lowered estimates and his price target on Autodesk (NASDAQ: ADSK) to $51.00 (from $57.00) following Q2 miss and lowered guidance.
Koening commented, "ADSK reported 2Q16 revenue of $610M (-4% Y/Y and flat in constant... More
Autodesk (ADSK) to Acquire SeeControl
August 27, 2015 4:00 PM EDTAutodesk, Inc. (Nasdaq: ADSK) has signed an agreement to acquire SeeControl, a San Francisco-based developer of an enterprise Internet of Things (IoT) cloud service platform. The SeeControl service helps manufacturers and systems integrators connect, analyze, control, and manage remote products, things, and assets and create new service revenue opportunities.
A new future of making things is emerging, where any built object, product or... More
