Autodesk (ADSK) reports results of audit committee investigation Provides preliminary results for first quarter fiscal 2025 and business outlook

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Go back to Autodesk (ADSK) reports results of audit committee investigation Provides preliminary results for first quarter fiscal 2025 and business outlook

Autodesk (ADSK) PT Lowered to $260 at BofA Securities

June 3, 2024 6:50 AM EDT

BofA Securities analyst Brad Sills lowered the price target on Autodesk (NASDAQ: ADSK) to $260.00 (from $300.00) while maintaining a Neutral rating.

The analyst comments "Our new $260 PO (from $300) is based on an EV/EBITDA multiple of 22x our CY25 EBITDA estimate of... More

RBC Capital Reiterates Outperform Rating on Autodesk (ADSK)

June 3, 2024 6:35 AM EDT

RBC Capital analyst Matthew Hedberg reiterated an Outperform rating and $260.00 price target on Autodesk (NASDAQ: ADSK)

The analyst comments "Autodesk announced the results of the audit committee investigation which should remove an overhang from the stock. Importantly, no restatement of financials was... More

Citi Reiterates Buy Rating on Autodesk (ADSK)

June 3, 2024 5:19 AM EDT

Citi analyst Tyler Radke reiterated a Buy rating and $286.00 price target on Autodesk (NASDAQ: ADSK).

The analyst comments "On Friday afternoon, ADSK provided a largely favorable update on the audit committees accounting investigation, announced preliminary 1Q results which were better than feared and... More